FRANKLIN RESOURCES INC — Director's Dealing 2020

Nov 9, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FRANKLIN RESOURCES INC (BEN)
CIK: 0000038777
Period of Report: 2020-11-05

Reporting Person: Nicholls Matthew (EVP and CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-11-05	Common Stock, par value $.10	A	67065	$20.13	Acquired	141045	Direct
2020-11-05	Common Stock, par value $.10	A	1836	—	Acquired	142881	Direct

Footnotes

F1: On May 1, 2019, 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 5, 2020, the Issuer's Compensation Committee certified that certain performance criteria with respect to the Issuer's fiscal year ended September 30, 2020 were achieved, and therefore the amount of shares reported in Column 4 are scheduled to vest on December 1, 2020.

F2: Not applicable.

F3: Of the amount of securities beneficially owned, 123,774 shares represent unvested restricted stock awards (which excludes the unvested restricted stock units scheduled to vest on December 1, 2020 as reported in Footnote 1).