John J. Haines - 27 May 2021 Form 4 Insider Report for FRANKLIN ELECTRIC CO INC (FELE)

Role
Vice President and CFO
Signature
John J. Haines
Issuer symbol
FELE
Transactions as of
27 May 2021
Net transactions value
-$339,520
Form type
4
Filing time
28 May 2021, 16:59:22 UTC
Previous filing
26 May 2021
Next filing
03 Jun 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FELE common stock Options Exercise $48,200 +2,000 +3.9% $24.10 53,179 27 May 2021 Direct
transaction FELE common stock Sale $169,780 -2,000 -3.8% $84.89 51,179 27 May 2021 Direct F1
transaction FELE common stock Options Exercise $48,200 +2,000 +3.9% $24.10 53,179 28 May 2021 Direct
transaction FELE common stock Sale $169,740 -2,000 -3.8% $84.87 51,179 28 May 2021 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction FELE option Options Exercise $48,200 -2,000 -21% $24.10 7,650 27 May 2021 option 2,000 $24.10 Direct F3
transaction FELE option Options Exercise $48,200 -2,000 -26% $24.10 5,650 28 May 2021 option 2,000 $24.10 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 1,199 shares sold to cover the stock option price and taxes.
F2 Includes 4,102 restricted stock units that vest 3 years after the 2/18/2021 grant date, 5,024 restricted stock units that vest 3 years after the 2/20/2020 grant date, 4,541 restricted stock units that vest 3 years after the 2/21/2019 grant date, 5,590 restricted stock units that vest 4 years after the 2/22/2018 grant date, and 31,922 shares owned outright.
F3 The options become exercisable in four equal installments of 1/4 each year, beginning on the first anniversary of the grant date.