Gregg C. Sengstack - Apr 1, 2022 Form 4/A - Amendment Insider Report for FRANKLIN ELECTRIC CO INC (FELE)

Role
Chairperson and CEO
Signature
Gregg C. Sengstack
Stock symbol
FELE
Transactions as of
Apr 1, 2022
Transactions value $
$929,689
Form type
4/A - Amendment
Date filed
4/11/2022, 03:24 PM
Date Of Original Report
Apr 5, 2022
Previous filing
Feb 28, 2022
Next filing
May 12, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FELE common stock Award $1.66M +19.9K +11.71% $83.56 190K Apr 1, 2022 Direct F1
transaction FELE common stock Tax liability -$732K -8.76K -4.62% $83.56 181K Apr 1, 2022 Direct F2
holding FELE common stock 160K Apr 1, 2022 By Reporting Person's Trust F3
holding FELE common stock 115K Apr 1, 2022 By Spouse's Trust F4
holding FELE common stock 32K Apr 1, 2022 2022 GRAT 1 F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Vest of Performance Share Units
F2 Includes 14,303 restricted stock units that vest 3 years from the 2/24/2022 grant date, 13,946 restricted stock units that vest 3 years from the 2/18/2021 grant date, 16,580 restricted stock units that vest 3 years from the 2/20/2020 grant date, and 136,168 owned outright.
F3 Represents shares held of record by the Gregg Sengstack 2020 Dynasty Trust, for which the reporting person's spouse is the trustee and over which the reporting person does not have sole voting and investment power.
F4 Represents shares held of record by the Dianne Sengstack 2020 Dynasty Trust, for which the reporting person is the trustee and over which the reporting person has sole voting and investment power.
F5 Represents shares held in the Gregg Sengstack 2022 GRAT #1 ("2022 GRAT 1") created on March 9, 2022, when the reporting person transferred 32,000 shares, of which the reporting person is the trustee.