Gregg C. Sengstack - Jul 28, 2022 Form 4 Insider Report for FRANKLIN ELECTRIC CO INC (FELE)

Role
Chairperson and CEO
Signature
Gregg C. Sengstack
Stock symbol
FELE
Transactions as of
Jul 28, 2022
Transactions value $
-$2,297,506
Form type
4
Date filed
8/1/2022, 05:12 PM
Previous filing
May 12, 2022
Next filing
Aug 8, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FELE common stock Sale -$1.4M -16K -8.84% $87.62 165K Jul 28, 2022 Direct
transaction FELE common stock Sale -$896K -10K -6.06% $89.56 155K Jul 29, 2022 Direct F1
holding FELE common stock 32K Jul 28, 2022 2022 GRAT 2 F2
holding FELE common stock 160K Jul 28, 2022 By Reporting Person's Trust F3
holding FELE common stock 115K Jul 28, 2022 By Spouse's Trust F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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 110,168 owned outright.
F2 Represents shares held in the Gregg Sengstack 2022 GRAT #2 ("2022 GRAT 2") created on May 27, 2022, when the reporting person transferred 32,000 shares from the Gregg Sengstack 2022 #1 GRAT, of which the reporting person is the trustee.
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.