Gregg C. Sengstack - 03 Aug 2021 Form 4 Insider Report for FRANKLIN ELECTRIC CO INC (FELE)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
05 Aug 2021, 17:12:51 UTC
Prior SEC filing
02 Jun 2021
Next SEC filing
05 Oct 2021
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Gregg C. Sengstack

Key filing fact

Gregg C. Sengstack filed Form 4 for FRANKLIN ELECTRIC CO INC (FELE) on 05 Aug 2021.

Key facts

  • This page summarizes Gregg C. Sengstack's Form 4 filing for FRANKLIN ELECTRIC CO INC (FELE).
  • 6 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 05 Aug 2021, 17:12.

Change

  • Previous filing in this sequence was filed on 02 Jun 2021.
  • Current net transaction value: -$1,711,916.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

FELE transaction

common stock

Options Exercise

Transaction value
$421,750
Shares
+17,500
Change %
+9.5%
Price
$24.10
Shares after
200,926
Date
03 Aug 2021
Ownership
Direct
FELE transaction

common stock

Tax liability

Transaction value
$859,142
Shares
-10,629
Change %
-5.3%
Price
$80.83
Shares after
190,297
Date
03 Aug 2021
Ownership
Direct
FELE transaction

common stock

Options Exercise

Transaction value
$413,074
Shares
+17,140
Change %
+9%
Price
$24.10
Shares after
207,437
Date
04 Aug 2021
Ownership
Direct
FELE transaction

common stock

Tax liability

Transaction value
$852,774
Shares
-10,358
Change %
-5%
Price
$82.33
Shares after
197,079
Date
04 Aug 2021
Ownership
Direct
Footnotes
F1
FELE holding

common stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
160,000
Date
03 Aug 2021
Ownership
By Reporting Person's Trust
Footnotes
F2
FELE holding

common stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
115,000
Date
03 Aug 2021
Ownership
By Spouse's Trust
Footnotes
F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

FELE transaction Derivative

option

Options Exercise

Transaction value
$421,750
Shares
-17,500
Change %
-51%
Price
$24.10
Shares after
17,140
Date
03 Aug 2021
Ownership
Direct
Underlying class
common stock
Underlying amount
17,500
Exercise price
$24.10
Footnotes
F4
FELE transaction Derivative

option

Options Exercise

Transaction value
$413,074
Shares
-17,140
Change %
-100%
Price
$24.10
Shares after
0
Date
04 Aug 2021
Ownership
Direct
Underlying class
common stock
Underlying amount
17,140
Exercise price
$24.10
Footnotes
F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Includes 13,946 restricted stock units that vest 3 years from the 2/18/2021 grant date, 16,580 restricted stock units that vest 3 years from the 2/20/2020 grant date, 16,316 restricted stock units that vest 3 years from the 2/21/2019 grant date, 20,497 restricted stock units that vest 4 years from the 2/22/2018 grant date, and 129,740 owned outright.

Footnote F2

Represents shares held of record by the Gregg Sengstack 2020 Dynasty Trust, for which the reporting person's spouse is the trustee and over which the reporting person does not have sole voting and investment power.

Footnote F3

Represents shares held of record by the Dianne Sengstack 2020 Dynasty Trust, for which the reporting person is the trustee and over which the reporting person has sole voting and investment power.

Footnote F4

The options become exercisable in four equal installments of 1/4 each year, beginning on the first anniversary of the grant date.

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