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

Role
Vice President and CFO
Signature
Jeffery L. Taylor
Stock symbol
FELE
Transactions as of
Feb 24, 2022
Transactions value $
$821,297
Form type
4
Date filed
2/28/2022, 03:00 PM
Previous filing
Jun 15, 2021
Next filing
May 10, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FELE common stock Award $0 +3.04K +40.52% $0.00 10.5K 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 $821K +9.79K $83.90 9.79K Feb 24, 2022 common stock 9.79K $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.