FRANKLIN RESOURCES INC - 21 Apr 2021 Form 4 Insider Report for Clarion Partners Real Estate Income Fund Inc. (CPRDX)

Role: Affiliate of Investment Adv., 10%+ Owner
Signature: /s/ Lori A. Weber, Assistant Secretary of Franklin Resources, Inc., on behalf of Franklin Resources, Inc. and its affiliates
Issuer symbol: CPRDX
Transactions as of: 21 Apr 2021
Net transactions value: +$21,400,000
Form type: 4
Filing time: 05 Aug 2021, 08:55:49 UTC
Previous filing: 05 Aug 2021
Next filing: 02 Jul 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CPRDX	Common Stock	Purchase	$6,400,000	+614,203	+12%	$10.42^*	5,762,385	21 Apr 2021	Direct	F1, F2, F3
transaction	CPRDX	Common Stock	Award	$15,000,000	+1,435,407	+25%	$10.45^*	7,197,792	24 May 2021	Direct	F1, F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Class I Shares
F2	As of May 24, 2021, Franklin Resources, Inc.("FRI") owns 7,197,791.621 shares in the aggregate among four share classes. Specifically, FRI owns 5,223.242 Shares of Class S Shares, 5,232.408 Shares of Class T Shares, 5,250.651 Shares of Class D Shares and 7,182,085.320 Shares of Class I Shares.
F3	See Exhibits 99-1 and 99-2 for text of footnote, which Exhibits are incorporated by reference herein.