John J. Haines - 28 Oct 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
28 Oct 2021
Net transactions value
-$771,027
Form type
4
Filing time
01 Nov 2021, 15:33:31 UTC
Previous filing
17 Aug 2021
Next filing
04 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 $110,010 +3,000 +5.9% $36.67 54,179 28 Oct 2021 Direct
transaction FELE common stock Sale $255,810 -3,000 -5.5% $85.27 51,179 28 Oct 2021 Direct F1
transaction FELE common stock Options Exercise $110,010 +3,000 +5.9% $36.67 54,179 29 Oct 2021 Direct
transaction FELE common stock Sale $256,951 -3,000 -5.5% $85.65 51,179 29 Oct 2021 Direct F2
transaction FELE common stock Options Exercise $110,010 +3,000 +5.9% $36.67 54,179 01 Nov 2021 Direct
transaction FELE common stock Sale $258,266 -3,000 -5.5% $86.09 51,179 01 Nov 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 $110,010 -3,000 -14% $36.67 17,788 28 Oct 2021 common stock 3,000 $36.67 Direct F5
transaction FELE option Options Exercise $110,010 -3,000 -17% $36.67 14,788 29 Oct 2021 common stock 3,000 $36.67 Direct F5
transaction FELE option Options Exercise $110,010 -3,000 -20% $36.67 11,788 01 Nov 2021 common stock 3,000 $36.67 Direct F5
* 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 2,044 shares to cover the stock option price and taxes.
F2 Sold 2,041 shares to cover the stock option price and taxes.
F3 Sold 2,037 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.