Donald P. Kenney - 16 Nov 2021 Form 4 Insider Report for FRANKLIN ELECTRIC CO INC (FELE)

Role
VP & President
Signature
Donald P. Kenney
Issuer symbol
FELE
Transactions as of
16 Nov 2021
Net transactions value
-$368,213
Form type
4
Filing time
18 Nov 2021, 14:53:09 UTC
Previous filing
09 Sep 2021
Next filing
23 Feb 2022
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 $105,072 +3,230 +12% $32.53 31,296 16 Nov 2021 Direct
transaction FELE common stock Options Exercise $116,007 +2,681 +8.6% $43.27 33,977 16 Nov 2021 Direct
transaction FELE common stock Tax liability $368,213 -3,923 -12% $93.86 30,054 16 Nov 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 $105,072 -3,230 -100% $32.53 0 16 Nov 2021 common stock 3,230 $32.53 Direct F2
transaction FELE option Options Exercise $116,007 -2,681 -100% $43.27 0 16 Nov 2021 common stock 2,681 $43.27 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 on2/22/2022, and 15,320 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.