FRANKLIN RESOURCES INC — Director's Dealing 2018

Nov 27, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FRANKLIN RESOURCES INC (BEN)
CIK: 0000038777
Period of Report: 2018-11-23

Reporting Person: JOHNSON RUPERT H JR (Director, Vice Chairman, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-11-23	Common Stock, par value $.10	S	323000	$32.42	Disposed	103653045	Direct
2018-11-23	Common Stock, par value $.10	S	193000	$32.42	Disposed	563735	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, par value $.10	24553.6808	Indirect
Common Stock, par value $.10	10116	Indirect

Footnotes

F1: Reporting Person holds shares in the Franklin Templeton 401(k) Retirement Plan. Information is based on a plan statement as of October 12, 2018.

F2: On December 5, 2017, pursuant to a required minimum distribution from the Franklin Templeton 401(k) Retirement Plan, the Reporting Person's plan balance was reduced by 925.9910 shares on such date per such required withdrawal.

F3: Shares held by Reporting Person's spouse. Reporting Person disclaims beneficial ownership of such shares.