FRANKLIN RESOURCES INC — Director's Dealing 2019

Nov 5, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FRANKLIN RESOURCES INC (BEN)
CIK: 0000038777
Period of Report: 2019-11-01

Reporting Person: Tyle Craig Steven (EVP & General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-11-01	Common Stock, par value $.10	A	17826	$28.05	Acquired	112835.042	Direct
2019-11-01	Common Stock, par value $.10	A	1901	—	Acquired	114736.042	Direct

Footnotes

F1: On November 2, 2018, the Reporting Person was granted certain restricted stock units subject to vesting over a three-year period based upon satisfaction of certain performance criteria. On November 1, 2019, the Issuer's Compensation Committee certified that certain performance criteria with respect to the Issuer's fiscal year ended September 30, 2019 were achieved, and therefore the amount of shares reported in Column 4 are scheduled to vest on November 29, 2019.

F2: Not applicable.

F3: Of the amount of securities beneficially owned, 28,955 shares represent unvested restricted stock awards (which excludes the unvested restricted stock units scheduled to vest on November 29, 2019 as reported in Footnote 1).