X0303 4 2011-02-11 0000038777 FRANKLIN RESOURCES INC BEN 0001241019 ALEXANDER PENELOPE S C/O FRANKLIN RESOURCES, INC. ONE FRANKLIN PARKWAY SAN MATEO CA 94403-1906 1 Vice-President, HR - US Common Stock, par value $.10 2011-02-11 4 M 0 2101.0000 47.5700 A 9892.8866 D Common Stock, par value $.10 2011-02-11 4 M 0 1330.0000 47.5700 A 11222.8866 D Common Stock, par value $.10 2011-02-11 4 S 0 1330.0000 128.4919 D 9892.8866 D Common Stock, par value $.10 2011-02-11 4 S 0 2101.0000 128.5057 D 7791.8866 D Common Stock, par value $.10 2010-12-14 5 G 0 440.0000 0 A 2531.0000 I As a Trustee for Minor Child Common Stock, par value $.10 2010-12-14 5 G 0 964.0000 0 D 21467.0000 I By Trust Common Stock, par value $.10 101.0000 I As Custodian for Minor Child Stock Option (Right to Buy) 47.5700 2011-02-11 4 M 0 1330.0000 0.0000 D 2004-09-30 2013-11-11 Common Stock, par value $.10 1330.0000 2101.0000 D Stock Option (Right to Buy) 47.5700 2011-02-11 4 M 0 2101.0000 0.0000 D 2004-09-30 2013-11-11 Common Stock, par value $.10 2101.0000 0.0000 D Of the amount of securities beneficially owned, 2,242 shares represent unvested awards of restricted stock. The price reported in Column 4 is a weighted price. These shares were sold in multiple transactions at prices ranging from $128.49 to $128.495, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of 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. The price reported in Column 4 is a weighted price. These shares were sold in multiple transactions at prices ranging from $125.50 to $128.52, inlcusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities Exchange Commission, upon request, full information regaring the number of shares sold at each separate price within the range set forth in this footnote. Not applicable. Children's trust for the benefit of the Reporting Person's minor children. Family trust for the benefit of the Reporting Person, spouse and minor children. /s/ PENELOPE S. ALEXANDER 2011-02-11