Jonathan M. Grandon - Feb 24, 2022 Form 4 Insider Report for FRANKLIN ELECTRIC CO INC (FELE)

Role
Chief Administrative Officer
Signature
Jonathan M. Grandon
Stock symbol
FELE
Transactions as of
Feb 24, 2022
Transactions value $
$512,126
Form type
4
Date filed
2/28/2022, 02:50 PM
Previous filing
Feb 23, 2022
Next filing
Apr 5, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FELE common stock Award $0 +1.9K +13.22% $0.00 16.2K Feb 24, 2022 Direct F1, 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 Award $512K +6.1K $83.90 6.1K Feb 24, 2022 common stock 6.1K $83.90 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted shares vest 3 years after the 2/24/2022 grant date.
F2 Includes 1,895 restricted shares that vest 3 years after the 2/24/2022 grant date, 1,989 restricted shares that vest 3 years after the 2/18/2021 grant date, 2,286 restricted shares that vest 3 years after the 2/20/2020 grant date, and 10,054 shares owned outright.
F3 The options become exercisable in three equal installments of 1/3 each year, beginning on the first anniversary of 2/24/2022.