Jay J. Walsh - Feb 22, 2024 Form 4 Insider Report for FRANKLIN ELECTRIC CO INC (FELE)

Role
President, Franklin Fueling
Signature
Jay J. Walsh
Stock symbol
FELE
Transactions as of
Feb 22, 2024
Transactions value $
$314,095
Form type
4
Date filed
2/26/2024, 04:38 PM
Previous filing
Feb 20, 2024
Next filing
Apr 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FELE common stock Award $0 +1.16K +8.4% $0.00 14.9K Feb 22, 2024 Direct F1, F2
holding FELE common stock 21.5 Feb 22, 2024 401(k) Shares

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 Award $314K +3.19K $98.37 3.19K Feb 22, 2024 common stock 3.19K $98.37 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units vest 3 years after the 2/22/2024 grant date.
F2 Includes 1,156 restricted stock units that vest on 2/22/2027, 1,153 restricted stock units that vest on 2/16/2026, 1,493 restricted stock units that vest on 2/24/2025, and 11,120 shares owned outright.
F3 The options become exercisable in three equal installments of 1/3 each year, beginning on the first anniversary of 2/22/2024.