Jeffery L. Taylor - 24 Feb 2022 Form 4 Insider Report for FRANKLIN ELECTRIC CO INC (FELE)

Role
Vice President and CFO
Signature
Jeffery L. Taylor
Issuer symbol
FELE
Transactions as of
24 Feb 2022
Net transactions value
+$821,297
Form type
4
Filing time
28 Feb 2022, 15:00:26 UTC
Previous filing
15 Jun 2021
Next filing
10 May 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 Award $0 +3,039 +41% $0.000000 10,539 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 $821,297 +9,789 $83.90 9,789 24 Feb 2022 common stock 9,789 $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 3,039 restricted shares that vest on 2/24/2025, 3,750 restricted shares that vest on 6/14/2023 and 3,750 restricted shares that vest on 6/14/2022.
F3 The options become exercisable in three equal installments of 1/3 each year, beginning on the first anniversary of 2/24/2022.