Donald P. Kenney - Sep 8, 2021 Form 4 Insider Report for FRANKLIN ELECTRIC CO INC (FELE)

Role
VP & President
Signature
Donald P. Kenney
Stock symbol
FELE
Transactions as of
Sep 8, 2021
Transactions value $
-$152,969
Form type
4
Date filed
9/9/2021, 04:04 PM
Next filing
Nov 18, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FELE common stock Options Exercise $72.7K +3.02K +11.23% $24.10 29.9K Sep 8, 2021 Direct
transaction FELE common stock Tax liability -$153K -1.81K -6.06% $84.56 28.1K Sep 8, 2021 Direct F1

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 -$72.7K -3.02K -100% $24.10 0 Sep 8, 2021 common stock 3.02K $24.10 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 3,589 restricted stock units that vest 2/18/2024, 4,019 restricted stock units that vest on 2/20/2023, 3,399 restricted stock units that vest on 2/21/2022, 3,727 restricted stock units that vest on 2/22/2022, and 13,332 shares owned outright.
F2 The options became exercisable in four equal installments of 1/4 each year, beginning on the first anniversary of the grant date.