Gregg C. Sengstack - Apr 28, 2023 Form 4 Insider Report for FRANKLIN ELECTRIC CO INC (FELE)

Role
Chairperson and CEO
Signature
Gregg C. Sengstack
Stock symbol
FELE
Transactions as of
Apr 28, 2023
Transactions value $
$1,659,579
Form type
4
Date filed
5/1/2023, 03:32 PM
Previous filing
Mar 3, 2023
Next filing
May 8, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FELE common stock Award $2.97M +33.2K +20.92% $89.47 192K Apr 28, 2023 Direct F1
transaction FELE common stock Tax liability -$1.31M -14.6K -7.62% $89.47 177K Apr 28, 2023 Direct F2
holding FELE common stock 160K Apr 28, 2023 By Reporting Person's Trust F3
holding FELE common stock 115K Apr 28, 2023 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 Vest of Performance Share Units
F2 Includes 11,069 restricted stock units that vest on 2/16/2026, 14,303 restricted stock units that vest on 2/24/2025, 13,946 restricted stock units that vest on 2/18/2024, and 137,717 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.