Donald P. Kenney - 08 Jun 2023 Form 4 Insider Report for FRANKLIN ELECTRIC CO INC (FELE)

Role
VP & President
Signature
Donald P. Kenney
Issuer symbol
FELE
Transactions as of
08 Jun 2023
Net transactions value
-$2,726,874
Form type
4
Filing time
09 Jun 2023, 17:06:06 UTC
Previous filing
31 May 2023
Next filing
14 Jun 2023
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 $286,906 +7,824 +30% $36.67 33,679 08 Jun 2023 Direct
transaction FELE common stock Options Exercise $320,898 +11,035 +33% $29.08 44,714 08 Jun 2023 Direct
transaction FELE common stock Options Exercise $372,415 +8,825 +20% $42.20 53,539 08 Jun 2023 Direct
transaction FELE common stock Sale $2,726,874 -27,684 -52% $98.50 25,855 08 Jun 2023 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 $286,906 -7,824 -100% $36.67 0 08 Jun 2023 common stock 7,824 $36.67 Direct F2
transaction FELE option Options Exercise $320,898 -11,035 -100% $29.08 0 08 Jun 2023 option 11,035 $29.08 Direct F2
transaction FELE option Options Exercise $372,415 -8,825 -100% $42.20 0 08 Jun 2023 common stock 8,825 $42.20 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 2,504 restricted stock units that vest on 2/16/2026, 3,254 restricted stock units that vest on 2/24/2025, 3,589 restricted stock units that vest on 2/18/2024, and 16,508 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.