Sec Form 13G Filing - FRANKLIN RESOURCES INC (BEN) filing for EYEPOINT PHARMACEUTICALS, INC. (EYPT) - 2023-09-11

Insider filing report for Changes in Beneficial Ownership

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  • Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
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          CUSIP NO. 30233G209                       13G                             Page 1 of 14

 

 

                                                                                   UNITED STATES

                                                              SECURITIES AND EXCHANGE COMMISSION

                                                                          Washington, D.C. 20549

 

                                                                                    SCHEDULE 13G

 

                                                       Under the Securities Exchange Act of 1934

                                                                              (Amendment No. 4)*

 

                                                                  EyePoint Pharmaceuticals, Inc.

                                                                                (Name of Issuer)

 

                                                                  Common Stock, par value $0.001

                                                                  (Title of Class of Securities)

 

                                                                                       30233G209

                                                                                  (CUSIP Number)

 

                                                                                 August 31, 2023

                                         (Date of Event Which Requires Filing of this Statement)

 

             Check the appropriate box to designate the rule pursuant to which this Schedule is

             filed:

             [X] Rule 13d‑1(b)

             [ ] Rule 13d‑1(c)

             [ ] Rule 13d‑1(d)

 

             *The remainder of this cover page shall be filled out for a reporting person's

             initial filing on this form with respect to the subject class of securities, and

             for any subsequent amendment containing information which would alter the

             disclosures provided in a prior cover page.

 

             The information required in the remainder of this cover page shall not be deemed to

             be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934

             ("Act") or otherwise subject to the liabilities of that section of the Act but

             shall be subject to all other provisions of the Act (however, see the Notes).

 

 


 
 

 

          CUSIP NO. 30233G209                       13G                             Page 2 of 14

 

 

          1.    NAMES OF REPORTING PERSONS.

 

                      Franklin Resources, Inc.

 

          2.    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

                      (a)

                      (b) X

 

          3.    SEC USE ONLY

 

          4.    CITIZENSHIP OR PLACE OF ORGANIZATION

 

                      Delaware

 

          NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:

 

                      5.     SOLE VOTING POWER

 

                                    (See Item 4)

 

                      6.     SHARED VOTING POWER

 

                                    (See Item 4)

 

                      7.     SOLE DISPOSITIVE POWER

 

                                    (See Item 4)

 

                      8.     SHARED DISPOSITIVE POWER

 

                                    (See Item 4)

 

          9.    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

                     4,130,137

 

          10.   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES

                      CERTAIN SHARES [ ]

 

          11.   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

                      11.8%

 

          12.   TYPE OF REPORTING PERSON

 

                      HC, CO (See Item 4)

 

 


 
 

 

          CUSIP NO. 30233G209                       13G                             Page 3 of 14

 

 

          1.    NAMES OF REPORTING PERSONS.    

 

                      Charles B. Johnson

 

          2.    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

                      (a)

                      (b) X

 

          3.    SEC USE ONLY

 

          4.    CITIZENSHIP OR PLACE OF ORGANIZATION

 

                      USA

 

          NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:

 

                      5.    SOLE VOTING POWER

 

                                 (See Item 4)

 

                      6.    SHARED VOTING POWER

 

                                 (See Item 4)

 

                      7.    SOLE DISPOSITIVE POWER

 

                                 (See Item 4)

 

                      8.    SHARED DISPOSITIVE POWER

 

                                 (See Item 4)

 

          9.    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

                    (See Item 4)

 

          10.   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES

                     CERTAIN SHARES [ ]

 

          11.   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

                    (See Item 4)

 

          12.   TYPE OF REPORTING PERSON

 

                     HC, IN (See Item 4)

 

 


 
 

 

          CUSIP NO. 30233G209                       13G                             Page 4 of 14

 

 

          1.    NAMES OF REPORTING PERSONS.    

 

                      Rupert H. Johnson, Jr.

 

          2.    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

                      (a)

                      (b) X

          3.    SEC USE ONLY

 

          4.    CITIZENSHIP OR PLACE OF ORGANIZATION

 

                      USA

 

          NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:

 

                      5.    SOLE VOTING POWER

 

                                  (See Item 4)

 

                      6.    SHARED VOTING POWER

 

                                  (See Item 4)

 

                      7.    SOLE DISPOSITIVE POWER

 

                                  (See Item 4)

 

                      8.    SHARED DISPOSITIVE POWER

 

                                  (See Item 4)

 

          9.    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

                     (See Item 4)

 

          10.   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES

                      CERTAIN SHARES [ ]

 

          11.   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

                      (See Item 4)

 

          12.   TYPE OF REPORTING PERSON

 

                      HC, IN (See Item 4)

 

 


 
 

 

          CUSIP NO. 30233G209                       13G                             Page 5 of 14

 

 

          1.    NAMES OF REPORTING PERSONS.    

 

                      Franklin Advisers, Inc.

 

          2.    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

                      (a)

                      (b) X

 

          3.    SEC USE ONLY

 

          4.    CITIZENSHIP OR PLACE OF ORGANIZATION

 

                      California

 

          NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:

 

                      5.    SOLE VOTING POWER

 

                                  4,089,622

 

                      6.    SHARED VOTING POWER

 

                                 0

 

                      7.    SOLE DISPOSITIVE POWER

 

                                  4,089,622

 

                      8.    SHARED DISPOSITIVE POWER

 

                                 0

 

          9.    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

                     4,089,622

 

          10.   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES

                      CERTAIN SHARES [ ]

 

          11.   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

                      11.7%

 

          12.   TYPE OF REPORTING PERSON

 

                      IA, CO (See Item 4)

 

 


 
 

 

          CUSIP NO. 30233G209                       13G                             Page 6 of 14

 

 

          Item 1.

 

          (a)   Name of Issuer

 

                      EyePoint Pharmaceuticals, Inc.

 

          (b)   Address of Issuer's Principal Executive Offices

 

           480 Pleasant Street

           Watertown, MA 02472

 

          Item 2.

 

          (a)   Name of Person Filing

 

                      (i):   Franklin Resources, Inc.

 

                      (ii):  Charles B. Johnson

 

                      (iii): Rupert H. Johnson, Jr.

 

                      (iv):  Franklin Advisers, Inc.

 

 

          (b)   Address of Principal Business Office or, if none, Residence

 

                      (i), (ii), and (iii):

                      One Franklin Parkway

                      San Mateo, CA 94403‑1906

 

                      (iv):  One Franklin Parkway

                                    San Mateo, CA  94403‑1906

 

          (c)   Citizenship

 

      &#x A0;               (i):     Delaware

 

                      (ii) and (iii): USA

                      (iv): California

 

          (d)   Title of Class of Securities

 

                      Common Stock, par value $0.001

 

          (e)   CUSIP Number

 

                      30233G209

 

 


 
 

 

          CUSIP NO. 30233G209                       13G                             Page 7 of 14

 

 

          Item 3. If this statement is filed pursuant to §§240.13d‑1(b) or 240.13d‑2(b) or (c),

                          check whether the person filing is a:

                        (a) [ ] Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).

 

                        (b) [ ] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).

                        (c) [ ] Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C.

                                        78c).

 

                        (d) [ ] Investment company registered under section 8 of the Investment Company

                                        Act of 1940 (15 U.S.C 80a‑8).

 

                        (e) [X] An investment adviser in accordance with §240.13d‑1(b)(1)(ii)(E);

 

                        (f) [ ] An employee benefit plan or endowment fund in accordance with

                                        §240.13d‑1(b)(1)(ii)(F);

 

                        (g) [X] A parent holding company or control person in accordance with

                                        §240.13d‑1(b)(1)(ii)(G);

 

                        (h) [ ] A savings associations as defined in Section 3(b) of the Federal Deposit

                                        Insurance Act (12 U.S.C. 1813);

 

                        (i) [ ] A church plan that is excluded from the definition of an investment

                                        company under section 3(c)(14) of the Investment Company Act of 1940 (15

                                        U.S.C. 80a‑3);

 

                        (j) [ ] A non‑U.S. institution in accordance with §240.13d‑1(b)(ii)(J);

 

                        (k) [ ] Group, in accordance with §240.13d 1(b)(1)(ii)(K).

 

                        If filing as a non‑U.S. institution in accordance with §240.13d‑1(b)(1)(ii) (J).

                        please specify the type of institution:

 

     Item 4. Ownership

 

            The securities reported herein are beneficially owned by one or more open or closed end

            investment companies or other managed accounts that are investment management clients of

            investment managers that are direct and indirect subsidiaries (each, an “Investment

            Management Subsidiary” and, collectively, the “Investment Management Subsidiaries”) of

            Franklin Resources Inc. (“FRI”), including the Investment Management Subsidiaries listed

            in this Item 4.  When an investment management contract (including a sub advisory

            agreement) delegates to an Investment Management Subsidiary investment discretion or

            voting power over the securities held in the investment advisory accounts that are

            subject to that agreement, FRI treats the Investment Management Subsidiary as having sole

            investment discretion or voting authority, as the case may be, unless the agreement

            specifies otherwise. Accordingly, each Investment Management Subsidiary reports on

            Schedule 13G that it has sole investment discretion and voting authority over the

            securities covered by any such investment management agreement, unless otherwise noted in

            this Item 4.  As a result, for purposes of Rule 13d‑3 under the Act, the Investment

            Management Subsidiaries listed in this Item 4 may be deemed to be the beneficial owners

            of the securities reported in this Schedule 13G.

 

            Beneficial ownership by Investment Management Subsidiaries and other FRI affiliates is

            being reported in conformity with the guidelines articulated by the SEC staff in Release

            No. 34‑39538 (January 12, 1998) (the “1998 Release”) relating to organizations, such as

            FRI, where related entities exercise voting and investment powers over the securities

            being reported independently from each other. The voting and investment powers held by

            each of FRI’s affiliates whose ownership of securities is disaggregated from that of FRI

            in accordance with the 1998 Release (“FRI Disaggregated Affiliates”) are exercised

            independently from FRI and from all other Investment Management Subsidiaries (FRI, its

 

 

 

 

 

 


 
 

 

CUSIP NO. 30233G209                          13G                                 Page 8 of 15

 

      affiliates and the Investment Management Subsidiaries other than FRI Disaggregated

           Affiliates are collectively, “FRI Aggregated Affiliates”). Furthermore, internal policies

           and procedures of, on the one hand, FRI Disaggregated Affiliates, and, on the other hand,

           FRI establish informational barriers that prevent the flow among, on the one hand, FRI

           Disaggregated Affiliates (including preventing the flow between such entities), and, on

           the other hand, the FRI Aggregated Affiliates of information that relates to the voting

           and investment powers over the securities owned by their respective investment management

           clients. Consequently, FRI Disaggregated Affiliates report the securities over which they

           hold investment and voting power separately from the FRI Aggregated Affiliates for

           purposes of Section 13 of the Act.

 

           Charles B. Johnson and Rupert H. Johnson, Jr. (the “Principal Shareholders”) each own in

           excess of 10% of the outstanding common stock of FRI and are the principal stockholders

           of FRI.  FRI and the Principal Shareholders may be deemed to be, for purposes of Rule

           13d‑3 under the Act, the benefici al owners of securities held by persons and entities for

           whom or for which FRI subsidiaries provide investment management services.  The number of

           shares that may be deemed to be beneficially owned and the percentage of the class of

           which such shares are a part are reported in Items 9 and 11 of the cover pages for FRI

           and each of the Principal Shareholders. FRI, the Principal Shareholders and each of the

           Investment Management Subsidiaries disclaim any pecuniary interest in any of such

           securities. In addition, the filing of this Schedule 13G on behalf of the Principal

           Shareholders, FRI and the FRI Aggregated Affiliates, as applicable, should not be

           construed as an admission that any of them is, and each of them disclaims that it is, the

           beneficial owner, as defined in Rule 13d‑3, of any of the securities reported in this

           Schedule 13G.

 

           FRI, the Principal Shareholders, and each of the Investment Management Subsidiaries

           believe that they are not a “group” within the meaning of Rule 13d‑5 under the Act and

           that they are not otherwise required to attribute to each other the beneficial ownership

           of the securities held by any of them or by any persons or entities for whom or for which

           the Investment Management Subsidiaries provide investment management services.

 

                    (a)     Amount beneficially owned:

 

                                   4,130,137

 

                    (b)     Percent of class:

 

                                    11.8%

 

                    (c)     Number of shares as to which the person has:

 

                                (i)  Sole power to vote or to direct the vote

 

                                          Franklin Resources, Inc.:                                         0

 

                                          Charles B. Johnson:                                               0

 

                                          Rupert H. Johnson, Jr.:                                           0

 

                                          Franklin Advisers, Inc.:                                  4,089,622

 

                     Fiduciary Trust Company International:                       39,224

 

                     Fiduciary Trust International LLC:                            1,291

 

                                     

                              (ii) Shared power to vote or to direct the vote                                         0

 

                            (iii)  Sole power to dispose or to direct the disposition of

 

                                          Franklin Resources, Inc.:                                         0

 

                                          Charles B. Johnson:                                               0

 

                     Rupert H. Johnson, Jr.:                                           0

 

                                          Franklin Advisers, Inc.:                                  4,089,622

 

                     Fiduciary Trust Company International:                       39,224

 

                     Fiduciary Trust International LLC:                            1,291

 

 


 
 
 

 

          CUSIP NO. 30233G209                       13G                             Page 9 of 14

 

 

          Item 5.  Ownership of Five Percent or Less of a Class

 

                           If this statement is being filed to report the fact that as of the date hereof

                           the reporting person has ceased to be the beneficial owner of more than five

                           percent of the class of securities, check the following [ ]. 

 

          Item 6.  Ownership of More than Five Percent on Behalf of Another Person

 

                           The clients of the Investment Management Subsidiaries, including investment

                           companies registered under the Investment Company Act of 1940 and other managed

                           accounts, have the right to receive or power to direct the receipt of dividends

                           from, and the proceeds from the sale of, the securities reported herein. 

 

          Item 7. Identification and Classification of the Subsidiary Which Acquired the Security

                           Being Reported on By the Parent Holding Company

 

                           See Attached Exhibit C

 

          Item 8. Identification and Classification of Members of the Group

 

                           Not Applicable

 

          Item 9. Notice of Dissolution of Group

 

                           Not Applicable

 


 
 

 

          CUSIP NO. 30233G209                       13G                             Page 10 of 14

 

          Item 10.  Certification

 

          By signing below I certify that, to the best of my knowledge and belief, the securities

          referred to above were acquired and are held in the ordinary course of business and were

          not acquired and are not held for the purpose of or with the effect of changing or

          influencing the control of the issuer of the securities and were not acquired and are not

          held in connection with or as a participant in any transaction having that purpose or

            effect, other than activities solely in connection with a nomination under §240.14a‑11.

 

 

          This report shall not be construed as an admission by the persons filing the report that

          they are the beneficial owner of any securities covered by this report.

 

          Exhibits.

                            Exhibit A Joint Filing Agreement

                            Exhibit B Limited Powers of Attorney for Section 13 Reporting Obligations

                            Exhibit C Item 7 Identification and Classification of Subsidiaries

 

                                                                                    SIGNATURE

 

          After reasonable inquiry and to the best of my knowledge and belief, I certify that the

          information set forth in this statement is true, complete and correct.

 

          Dated:  September 8, 2023

 

          Franklin Resources, Inc.

 

          Charles B. Johnson

 

          Rupert H. Johnson, Jr.

 

     Franklin Advisers, Inc.

    

 

         

 

          By:     /s/VIRGINIA E. ROSAS

                         ‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑

                         Virginia E. Rosas

                         Assistant Secretary of Franklin Resources, Inc.

 

                         Attorney‑in‑Fact for Charles B. Johnson pursuant to Power of Attorney

                         attached to this Schedule 13G

 

                         Attorney‑in‑Fact for Rupert H. Johnson, Jr. pursuant to Power of Attorney

                         attached to this Schedule 13G

 

            Secretary of Franklin Advisers, Inc.

 

           

 

    

                        

                        

 

 


 
 

 

          CUSIP NO. 30233G209                       13G                             Page 11 of 14

 

 

          EXHIBIT A

 

          JOINT FILING AGREEMENT

 

          By signing below I certify that, to the best of my knowledge and belief, the securities

          referred to above were acquired and are held in the ordinary course of business and were

          not acquired and are not held for the purpose of or wit h the effect of changing or

          influencing the control of the issuer of the securities and were not acquired and are not

          held in connection with or as a participant in any transaction having that purpose or

          effect, other than activities solely in connection with a nomination under § 240.14a-11.

 

          IN WITNESS WHEREOF, the undersigned have executed this agreement on September 8, 2023.

 

          Franklin Resources, Inc.

 

          Charles B. Johnson

 

          Rupert H. Johnson, Jr.

 

     Franklin Advisers, Inc.

    

 

         

 

          By:    /s/VIRGINIA E. ROSAS

                         ‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑‑

                         Virginia E. Rosas

                         Assistant Secretary of Franklin Resources, Inc.

 

                         Attorney‑in‑Fact for Charles B. Johnson pursuant to Power of Attorney

                         attached to this Schedule 13G

 

                         Attorney‑in‑Fact for Rupert H. Johnson, Jr. pursuant to Power of Attorney

                         attached to this Schedule 13G

 

            Secretary of Franklin Advisers, Inc.

 

 


 
 

 

          CUSIP NO. 30233G209                       13G                             Page 12 of 14

 

          EXHIBIT B

 

                                                                       LIMITED POWER OF ATTORNEY

                                                                                             FOR

                                                         SECTION 13 AND 16 REPORTING OBLIGATIONS

 

  Know all by these presents, that the undersigned hereby makes, constitutes and appoints each

  of Alison E. Baur, Steven J. Gray, Beth McAuley O’Malley, Thomas C. Merchant, Kimberly H.

  Novotny, Virginia E. Rosas, Navid J. Tofigh and Lori A. Weber each acting individually, as the

  undersigned’s true and lawful attorney‑in‑fact, with full power and authority as hereinafter

  described on behalf of and in the name, place and stead of the undersigned to:

            1. prepare, execute, acknowledge, deliver and file Forms ID, Schedules 13D and 13G, and

  Forms 3, 4 and 5 (including any amendments thereto and any related documentation) with the

  United States Securities and Exchange Commission and any national securities exchanges

  relating to Franklin Resources, Inc. (“FRI”) and/or any registered closed‑end company to which

  an affiliate of FRI is an investment adviser (each, a “Reporting Entity”), as considered

  necessary or advisable under Regulation S‑T and Sections 13(d) and 16(a) of the Securities

  Exchange Act of 1934 and the rules and regulations promulgated thereunder, as amended from

  time to time (the “Exchange Act”); and

            2. seek or obtain, as the undersigned’s representative and on the undersigned’s behalf,

  information on transactions in the securities of any Reporting Entity from any person,

  including brokers, employee benefit plan administrators and trustees, and the undersigned

  hereby authorizes any such person to release any such information to the undersigned and

  approves and ratifies any such release of information; and

            3. perform any and all other acts which in the discretion of such attorney‑in‑fact are

  necessary or desirable for and on behalf of the undersigned in connection with the foregoing.

            The undersigned acknowledges that:

            1. this Limited Power of Attorney authorizes, but does not require, each such

  attorney‑in‑fact to act in their discretion on information provided to such attorney‑in‑fact

  without independent verification of such information;

            2. any documents prepared and/or executed by any such attorney‑in‑fact on behalf of the

  undersigned pursuant to this Limited Power of Attorney will be in such form and will contain

  such information and disclosure as such attorney‑in‑fact, in his or her discretion, deems

  necessary or desirable;

            3. none of FRI, any Reporting Entity nor any of such attorneys‑in‑fact assumes (i) any

  liability for the undersigned’s responsibility to comply with the requirements of the Exchange

  Act, (ii) any liability of the undersigned for any failure to comply with such requirements,

  or (iii) any obligation or liability of the undersigned for profit disgorgement under Section

  16(b) of the Exchange Act; and

            4. this Limited Power of Attorney does not relieve the undersigned from responsibility

  for compliance with the undersigned’s obligations under the Exchange Act, including without

  limitation, the reporting requirements under Section 16 of the Exchange Act.

            The undersigned hereby gives and grants each of the foregoing attorneys‑in‑fact full

  power and authority to do and perform all and every act and thing whatsoever requisite,

  necessary or appropriate to be done in and about the foregoing matters as fully to all intents

  and purposes as the undersigned might or could do if present, hereby ratifying all that each

  such attorney‑in‑fact of, for and on behalf of the undersigned, shall lawfully do or cause to

  be done by virtue of this Limited Power of Attorney, and indemnifies each of the foregoing

  attorneys‑in‑fact against any loss of any nature whatsoever arising in connection therewith.

            This Limited Power of Attorney shall remain in full force and effect until revoked by the

  undersigned in a signed writing delivered to each such attorney‑in‑fact.

            IN WITNESS WHEREOF, the undersigned has caused this Limited Power of Attorney to be

  executed as of this 16th day of August, 2021.

 

                                                                                                                            /s/Charles B. Johnson

                                                                                                                            Signature

 

                                                                                                                            Charles B. Johnson

                                                                                                                            Print Name

 

 


 
 

 

          CUSI P NO. 30233G209                       13G                             Page 13 of 14

 

 

                                                                       LIMITED POWER OF ATTORNEY

                                                                                             FOR

                                                         SECTION 13 AND 16 REPORTING OBLIGATIONS

 

Know all by these presents, that the undersigned hereby makes, constitutes and appoints each

  of Alison E. Baur, Steven J. Gray, Beth McAuley O’Malley, Thomas C. Merchant, Kimberly H.

  Novotny, Virginia E. Rosas, Navid J. Tofigh and Lori A. Weber each acting individually, as the

  undersigned’s true and lawful attorney‑in‑fact, with full power and authority as hereinafter

  described on behalf of and in the name, place and stead of the undersigned to:

            1. prepare, execute, acknowledge, deliver and file Forms ID, Schedules 13D and 13G, and

  Forms 3, 4 and 5 (including any amendments thereto and any related documentation) with the

  United States Securities and Exchange Commission and any national securities exchanges

  relating to Franklin Resources, Inc. (“FRI”) and/or any registered closed‑end company to which

  an affiliate of FRI is an investment adviser (each, a “Reporting Entity”), as considered

  necessary or advisable under Regulation S‑T and Sections 13(d) and 16(a) of the Securities

  Exchange Act of 1934 and the rules and regulations promulgated thereunder, as amended from

  time to time (the “Exchange Act”); and

            2. seek or obtain, as the undersigned’s representative and on the undersigned’s behalf,

  information on transactions in the securities of any Reporting Entity from any person,

  including brokers, employee benefit plan administrators and trustees, and the undersigned

  hereby authorizes any such person to release any such information to the undersigned and

  approves and ratifies any such release of information; and

            3. perform any and all other acts which in the discretion of such attorney‑in‑fact are

  necessary or desirable for and on behalf of the undersigned in connection with the foregoing.

            The undersigned acknowledges that:

            1. this Limited Power of Attorney authorizes, but does not require, each such

  attorney‑in‑fact to act in their discretion on information provided to such attorney‑in‑fact

  without independent verification of such information;

            2. any documents prepared and/or executed by any such attorney‑in‑fact on behalf of the

  undersigned pursuant to this Limited Power of Attorney will be in such form and will contain

  such information and disclosure as such attorney‑in‑fact, in his or her discretion, deems

  necessary or desirable;

            3. none of FRI, any Reporting Entity nor any of such attorneys‑in‑fact assumes (i) any

  liability for the undersigned’s responsibility to comply with the requirements of the Exchange

  Act, (ii) any liability of the undersigned for any failure to comply with such requirements,

  or (iii) any obligation or liability of the undersigned for profit disgorgement under Section

  16(b) of the Exchange Act; and

            4. this Limited Power of Attorney does not relieve the undersigned from responsibility

  for compliance with the undersigned’s obligations under the Exchange Act, including without

  limitation, the reporting requirements under Section 16 of the Exchange Act.

            The undersigned hereby gives and grants each of the foregoing attorneys‑in‑fact full

  power and authority to do and perform all and every act and thing whatsoever requisite,

  necessary or appropriate to be done in and about the foregoing matters as fully to all intents

  and purposes as the undersigned might or could do if present, hereby ratifying all that each

  such attorney‑in‑fact of, for and on behalf of the undersigned, shall lawfully do or cause to

  be done by virtue of this Limited Power of Attorney, and indemnifies each of the foregoing

  attorneys‑in‑fact against any loss of any nature whatsoever arising in connection therewith.

            This Limited Power of Attorney shall remain in full force and effect until revoked by the

  undersigned in a signed writing delivered to each such attorney‑in‑fact.

            IN WITNESS WHEREOF, the undersigned has caused this Limited Power of Attorney to be

  executed as of this 16th day of August, 2021.

 

                                                                                                                      /s/Rupert H. Johnson, Jr.

                                                                                                                      Signature

 

                                                                                                                      Rupert H. Johnson, Jr.

                                                                                                                      Print Name

 

 


 
 

 

CUSIP NO.      30233G209                       13G                             Page 14 of 14

 

          EXHIBIT C

 

       Franklin Advisers, Inc.                                     Item 3 Classification: 3(e)

 

       Fiduciary Trust International LLC                                                     Item 3 Classification: 3(e)

 

       Fiduciary Trust Company International                                             Item 3 Classification: 3(b)