Gregg C. Sengstack - Dec 5, 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
Dec 5, 2023
Transactions value $
$0
Form type
4
Date filed
12/7/2023, 04:22 PM
Previous filing
Dec 4, 2023
Next filing
Feb 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FELE common stock Gift $0 -10.5K -6.17% $0.00 160K Dec 5, 2023 Direct F1, F2
transaction FELE common stock Other $0 +10.5K $0.00 10.5K Dec 5, 2023 By Sengstack Family Foundation F1, F5
holding FELE common stock 160K Dec 5, 2023 By Reporting Person's Trust F3
holding FELE common stock 115K Dec 5, 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 On December 5, 2023, the reporting person gifted 10,532 shares, which he previously held directly, to the Sengstack Family Foundation.
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 120,769 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 of record by the Sengstack Family Foundation, for which the reporting person is the president and over which the reporting person has sole voting and dispositive power.