Donald P. Kenney - 08 Sep 2021 Form 4 Insider Report for FRANKLIN ELECTRIC CO INC (FELE)

Role
VP & President
Signature
Donald P. Kenney
Issuer symbol
FELE
Transactions as of
08 Sep 2021
Net transactions value
-$152,969
Form type
4
Filing time
09 Sep 2021, 16:04:04 UTC
Next filing
18 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 $72,671 +3,016 +11% $24.10 29,875 08 Sep 2021 Direct
transaction FELE common stock Tax liability $152,969 -1,809 -6.1% $84.56 28,066 08 Sep 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 $72,671 -3,016 -100% $24.10 0 08 Sep 2021 common stock 3,016 $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.