Paul N. Chhabra - 31 Mar 2022 Form 4 Insider Report for FRANKLIN ELECTRIC CO INC (FELE)

Signature
Paul N. Chhabra
Issuer symbol
FELE
Transactions as of
31 Mar 2022
Net transactions value
$0
Form type
4
Filing time
31 Mar 2022, 16:40:29 UTC
Previous filing
28 Feb 2022
Next filing
05 Apr 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FELE common stock Disposed to Issuer $0 -5,680 -38% $0.000000 9,242 31 Mar 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 Other $0 -3,542 -33% $0.000000 7,079 31 Mar 2022 common stock 3,542 $59.71 Direct F3, F4
transaction FELE option Other $0 -5,469 -67% $0.000000 2,734 31 Mar 2022 common stock 5,469 $73.14 Direct F3, F4
transaction FELE option Other $0 -5,701 -100% $0.000000* 0 31 Mar 2022 common stock 5,701 $83.90 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Paul N. Chhabra is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Restricted shares forfeited due to officer's departure from company.
F2 Includes 9,242 shares owned outright.
F3 The options become exercisable in three equal installments of 1/3 each year, beginning on the first anniversary of the grant date.
F4 Options forfeited due to officer's departure from company.