Delancey W. Davis - 28 Jul 2022 Form 4 Insider Report for FRANKLIN ELECTRIC CO INC (FELE)

Role
President, Headwater Companies
Signature
DeLancey W. Davis
Issuer symbol
FELE
Transactions as of
28 Jul 2022
Net transactions value
-$945,958
Form type
4
Filing time
01 Aug 2022, 17:10:46 UTC
Previous filing
05 Apr 2022
Next filing
21 Nov 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 Options Exercise $146,188 +3,632 +34% $40.25 14,409 28 Jul 2022 Direct
transaction FELE common stock Options Exercise $200,286 +3,631 +25% $55.16 18,040 28 Jul 2022 Direct
transaction FELE common stock Options Exercise $221,524 +3,710 +21% $59.71 21,750 28 Jul 2022 Direct
transaction FELE common stock Sale $945,958 -10,973 -50% $86.21 10,777 28 Jul 2022 Direct F1

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 Options Exercise $146,188 -3,632 -100% $40.25 0 28 Jul 2022 common stock 3,632 $40.25 Direct F2
transaction FELE option Options Exercise $200,286 -3,631 -100% $55.16 0 28 Jul 2022 common stock 3,631 $55.16 Direct F3
transaction FELE option Options Exercise $221,524 -3,710 -50% $59.71 3,712 28 Jul 2022 common stock 3,710 $59.71 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 1,752 restricted stock units that vest 3 years after the 2/24/2022 grant date, 1,928 restricted stock units that vest 3 years after the 2/18/2021 grant date, 2,186 restricted stock units that vest 3 years after the 2/20/2020 grant date, and 4,911 shares owned outright.
F2 The options became exercisable in four equal installments of 1/4 each year, beginning on the first anniversary of the grant date.
F3 The options become exercisable in three equal installments of 1/3 each year, beginning on the first anniversary of the grant date.