JENNIFER M. JOHNSON - 21 Dec 2020 Form 4 Insider Report for FRANKLIN RESOURCES INC (BEN)

Signature
/s/ Virginia Rosas, Attorney-in-Fact
Issuer symbol
BEN
Transactions as of
21 Dec 2020
Net transactions value
-$1,603,202
Form type
4
Filing time
19 Aug 2021, 19:13:53 UTC
Next filing
29 Jun 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BEN Common Stock, par value $.10 Sale $1,603,202 -52,789 -2.7% $30.37 1,897,836 19 Aug 2021 Direct F1
transaction BEN Common Stock, par value $.10 Gift +1,218 +0.06% 1,943,161 21 Dec 2020 Direct F2
transaction BEN Common Stock, par value $.10 Gift +6,090 +3.3% 192,404 21 Dec 2020 By Children or As Trustee For Children F2, F3
holding BEN Common Stock, par value $.10 2,171 21 Dec 2020 By 401(k) F4
holding BEN Common Stock, par value $.10 2,610,000 21 Dec 2020 By Business Limited Partnership F5
holding BEN Common Stock, par value $.10 15,000 21 Dec 2020 By Business Trust F6
holding BEN Common Stock, par value $.10 198,000 21 Dec 2020 By Venture Limited Partnership F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reposted in Column 4 is a weighted price. These shares were sold in multiple transactions at prices ranging from $30.34 to $30.4450, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of 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 Not applicable.
F3 Shares held by Reporting Person's children or by Reporting Person as trustee for her children. Reporting Person disclaims beneficial ownership of such shares.
F4 Reporting Person holds shares in the Franklin Templeton 401(k) Retirement Plan. Information is based on a plan statement as of July 15, 2021.
F5 Business limited partnership under control of Reporting Person.
F6 Business trust for the benefit of Reporting Person and Reporting Person's children.
F7 Limited partnership under control of Reporting Person, and owned in part by irrevocable trusts for the benefit of Reporting Person's children. Reporting Person disclaims beneficial ownership of the children's trusts.

Remarks:

Copy of Limited Power of Attorney included as Exhibit 24.