FRANKLIN RESOURCES INC — Director's Dealing 2019

Dec 30, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FRANKLIN RESOURCES INC (BEN)
CIK: 0000038777
Period of Report: 2019-12-26

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-12-26	Common Stock, par value $.10	S	400000	$26.2625	Disposed	102453045	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, par value $.10	23029.3651	Indirect
Common Stock, par value $.10	563735	Indirect
Common Stock, par value $.10	10116	Indirect

Footnotes

F1: On December 4, 2019, pursuant to a required minimum distribution from the Franklin Templeton 401(k) Retirement Plan, the Reporting Person's plan balance was reduced by 1,039.3607 shares on such date per such required withdrawal.

F2: Reporting Person holds shares in the Franklin Templeton 401(k) Retirement Plan. Information is based on a plan statement as of December 9, 2019.

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