[NewNCref]

Continuous Motion principles applies to an airborne shooter who has not yet returned to the floor. So here's a possiblity: The ball left the shooter's hands, time expired while the shot was in flight, the shooter was fouled on the return to the floor.

So, it is possible to have FTs with no time left on the clock, however, I can't speak as to this particular case, because I wasn't the official and didn't see the play.