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

Role
VP & President
Signature
Donald P. Kenney
Stock symbol
FELE
Transactions as of
Nov 16, 2021
Transactions value $
-$368,213
Form type
4
Date filed
11/18/2021, 02:53 PM
Previous filing
Sep 9, 2021
Next filing
Feb 23, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FELE common stock Options Exercise $105K +3.23K +11.51% $32.53 31.3K Nov 16, 2021 Direct
transaction FELE common stock Options Exercise $116K +2.68K +8.57% $43.27 34K Nov 16, 2021 Direct
transaction FELE common stock Tax liability -$368K -3.92K -11.55% $93.86 30.1K Nov 16, 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 -$105K -3.23K -100% $32.53 0 Nov 16, 2021 common stock 3.23K $32.53 Direct F2
transaction FELE option Options Exercise -$116K -2.68K -100% $43.27 0 Nov 16, 2021 common stock 2.68K $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.