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

Role
Vice President and CFO
Signature
John J. Haines
Stock symbol
FELE
Transactions as of
May 27, 2021
Transactions value $
-$339,520
Form type
4
Date filed
5/28/2021, 04:59 PM
Previous filing
May 26, 2021
Next filing
Jun 3, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FELE common stock Options Exercise $48.2K +2K +3.91% $24.10 53.2K May 27, 2021 Direct
transaction FELE common stock Sale -$170K -2K -3.76% $84.89 51.2K May 27, 2021 Direct F1
transaction FELE common stock Options Exercise $48.2K +2K +3.91% $24.10 53.2K May 28, 2021 Direct
transaction FELE common stock Sale -$170K -2K -3.76% $84.87 51.2K May 28, 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 -$48.2K -2K -20.73% $24.10 7.65K May 27, 2021 option 2K $24.10 Direct F3
transaction FELE option Options Exercise -$48.2K -2K -26.14% $24.10 5.65K May 28, 2021 option 2K $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.