John J. Haines - 16 Aug 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
16 Aug 2021
Net transactions value
-$274,354
Form type
4
Filing time
17 Aug 2021, 08:43:00 UTC
Previous filing
13 Aug 2021
Next filing
01 Nov 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 $142,964 +3,304 +6.5% $43.27 54,483 16 Aug 2021 Direct
transaction FELE common stock Sale $274,354 -3,304 -6.1% $83.04 51,179 16 Aug 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 $142,964 -3,304 -100% $43.27 0 16 Aug 2021 common stock 3,304 $43.27 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

John J. Haines is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Sold 2,419 shares 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.