John J. Haines - Aug 11, 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
Aug 11, 2021
Transactions value $
-$742,452
Form type
4
Date filed
8/13/2021, 06:19 PM
Previous filing
Aug 10, 2021
Next filing
Aug 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FELE common stock Options Exercise $130K +3K +5.86% $43.27 54.2K Aug 11, 2021 Direct
transaction FELE common stock Sale -$248K -3K -5.54% $82.72 51.2K Aug 11, 2021 Direct F1
transaction FELE common stock Options Exercise $130K +3K +5.86% $43.27 54.2K Aug 12, 2021 Direct
transaction FELE common stock Sale -$247K -3K -5.54% $82.32 51.2K Aug 12, 2021 Direct F2
transaction FELE common stock Options Exercise $130K +3K +5.86% $43.27 54.2K Aug 13, 2021 Direct
transaction FELE common stock Sale -$247K -3K -5.54% $82.45 51.2K Aug 13, 2021 Direct F3, F4

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 -$130K -3K -24.38% $43.27 9.3K Aug 11, 2021 common stock 3K $43.27 Direct F5
transaction FELE option Options Exercise -$130K -3K -32.24% $43.27 6.3K Aug 12, 2021 common stock 3K $43.27 Direct F5
transaction FELE option Options Exercise -$130K -3K -47.59% $43.27 3.3K Aug 13, 2021 common stock 3K $43.27 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Sold 2,200 shares to cover the stock option price and taxes.
F2 Sold 2,204 shares to cover the stock option price and taxes.
F3 Sold 2,203 shares to cover the stock option price and taxes.
F4 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.
F5 The options become exercisable in four equal installments of 1/4 each year, beginning on the first anniversary of the grant date.