Gregg C. Sengstack - Feb 21, 2022 Form 4 Insider Report for FRANKLIN ELECTRIC CO INC (FELE)

Role
Chairperson and CEO
Signature
Gregg C. Sengstack
Stock symbol
FELE
Transactions as of
Feb 21, 2022
Transactions value $
$1,720,117
Form type
4
Date filed
2/23/2022, 03:27 PM
Previous filing
Nov 12, 2021
Next filing
Feb 28, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FELE common stock Award $1.37M +16.3K +8.7% $84.06 204K Feb 21, 2022 Direct F1
transaction FELE common stock Tax liability -$606K -7.21K -3.54% $84.06 197K Feb 21, 2022 Direct
transaction FELE common stock Award $1.71M +20.5K +11.64% $83.29 197K Feb 22, 2022 Direct F1
transaction FELE common stock Tax liability -$752K -9.03K -4.59% $83.29 188K Feb 22, 2022 Direct F2
holding FELE common stock 160K Feb 21, 2022 By Reporting Person's Trust F3
holding FELE common stock 115K Feb 21, 2022 By Spouse's Trust F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Vest of restricted stock units.
F2 Includes 13,946 restricted stock units that vest 3 years from the 2/18/2021 grant date, 16,580 restricted stock units that vest 3 years from the 2/20/2020 grant date, and 157,042 owned outright.
F3 Represents shares held of record by the Gregg Sengstack 2020 Dynasty Trust, for which the reporting person's spouse is the trustee and over which the reporting person does not have sole voting and investment power.
F4 Represents shares held of record by the Dianne Sengstack 2020 Dynasty Trust, for which the reporting person is the trustee and over which the reporting person has sole voting and investment power.