Jed A. Plafker - Nov 5, 2021 Form 4 Insider Report for FRANKLIN RESOURCES INC (BEN)

Role: Executive Vice President
Signature: /s/ Virginia Rosas, Attorney-in-Fact
Stock symbol: BEN
Transactions as of: Nov 5, 2021
Transactions value $: -$778,363
Form type: 4
Date filed: 11/8/2021, 02:57 PM
Previous filing: Sep 2, 2021
Next filing: Nov 10, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BEN	Common Stock, par value $.10	Sale	-$778K	-21.7K	-16.28%	$35.86	112K	Nov 5, 2021	Direct	F1
holding	BEN	Common Stock, par value $.10						579	Nov 5, 2021	By 401(k)	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 $35.845 to $35.89, 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	Reporting Person holds shares in the Franklin Templeton 401(k) Retirement Plan. Information is based on a plan statement as of September 30, 2021.

Content

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.845 to $35.89, 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.

Reporting Person holds shares in the Franklin Templeton 401(k) Retirement Plan. Information is based on a plan statement as of September 30, 2021.

Remarks:

Copy of Limited Power of Attorney included as Exhibit 24.