John Y. Kim - 01 Oct 2021 Form 4 Insider Report for FRANKLIN RESOURCES INC (BEN)

Role
Director
Signature
/s/ Virginia Rosas, Attorney-in-Fact
Issuer symbol
BEN
Transactions as of
01 Oct 2021
Net transactions value
+$31,000
Form type
4
Filing time
04 Oct 2021, 16:50:49 UTC
Previous filing
02 Jul 2021
Next filing
02 Nov 2021
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BEN Deferred Director's Fees (FRI) Award $31,000 +1,030 +13% $30.10 9,151 01 Oct 2021 Common Stock, par value $.10 1,030 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Not applicable.
F2 Exercisable and expiration dates assume the director's separation from service from Franklin Resources, Inc. and its subsidiaries occurs in the February following the director's 75th birthday. See footnote below.
F3 Represents a hypothetical investment account calculation of deferred Franklin Resources Inc.'s director's fees, under the 2006 Director Deferred Compensation Plan, based upon the performance of Franklin Resources Inc.'s stock (including reinvested dividends) payable in one payment following the director's separation from service from Franklin Resources, Inc. and its subsidiaries. Reporting Person may transfer the hypothetical investment account amount into an alternative investment account(s) not based on the performance of Franklin Resources, Inc. stock effective as of the first day of any calendar quarter.

Remarks:

Copy of Limited Power of Attorney included as Exhibit 24.