Gwen L. Shaneyfelt - May 12, 2021 Form 4 Insider Report for FRANKLIN RESOURCES INC (BEN)

Role: Chief Accounting Officer
Signature: /s/ Gwen L. Shaneyfelt
Stock symbol: BEN
Transactions as of: May 12, 2021
Transactions value $: -$166,250
Form type: 4
Date filed: 5/14/2021, 07:16 AM
Next filing: Aug 11, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BEN	Common Stock, par value $.10	Sale	-$166K	-5K	-7.27%	$33.25	63.7K	May 12, 2021	Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.25 to $33.26, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff on the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F2	Of the amount of securities beneficially owned, 19,016 shares represent unvested restricted stock awards and 14,279 shares represent unvested restricted stock unit awards.

Content

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.25 to $33.26, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff on the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Of the amount of securities beneficially owned, 19,016 shares represent unvested restricted stock awards and 14,279 shares represent unvested restricted stock unit awards.