John J. Haines - 05 Nov 2021 Form 4 Insider Report for FRANKLIN ELECTRIC CO INC (FELE)

Role
Special Advisor
Signature
John J. Haines
Issuer symbol
FELE
Transactions as of
05 Nov 2021
Net transactions value
-$257,695
Form type
4
Filing time
09 Nov 2021, 12:11:08 UTC
Previous 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 $102,236 +2,788 +5.4% $36.67 53,967 05 Nov 2021 Direct
transaction FELE common stock Sale $257,695 -2,788 -5.2% $92.43 51,179 05 Nov 2021 Direct F1
transaction FELE common stock Gift $0 -1,100 -2.1% $0.000000 50,079 09 Nov 2021 Direct 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 $102,236 -2,788 -100% $36.67 0 05 Nov 2021 common stock 2,788 $36.67 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Sold 1,848 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 30,822 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.