Jay J. Walsh - 24 Feb 2022 Form 4 Insider Report for FRANKLIN ELECTRIC CO INC (FELE)

Role
President, Franklin Fueling
Signature
Jay J. Walsh
Issuer symbol
FELE
Transactions as of
24 Feb 2022
Net transactions value
+$403,391
Form type
4
Filing time
28 Feb 2022, 14:58:26 UTC
Previous filing
23 Feb 2022
Next filing
21 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FELE common stock Award $0 +1,493 +14% $0.000000 12,334 24 Feb 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 $403,391 +4,808 $83.90 4,808 24 Feb 2022 common stock 4,808 $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 stock units vest 3 years after the 2/24/2022 grant date.
F2 Includes 1,493 restricted stock units that vest on 2/24/2025, 1,482 restricted shares that vest on 2/20/2023, 1,641 restricted shares that vest on 2/18/2024, and 7,718 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.