Kenneth Keene - 22 Feb 2024 Form 4 Insider Report for FRANKLIN ELECTRIC CO INC (FELE)

Role
VP, Global Supply Chain
Signature
Kenneth Keene
Issuer symbol
FELE
Transactions as of
22 Feb 2024
Net transactions value
+$172,541
Form type
4
Filing time
26 Feb 2024, 16:38:48 UTC
Previous filing
20 Feb 2024
Next filing
08 Mar 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FELE common stock Award $0 +635 +16% $0.000000 4,519 22 Feb 2024 Direct F1, F2

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 $172,541 +1,754 $98.37 1,754 22 Feb 2024 common stock 1,754 $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 635 restricted stock units that vest on 2/22/2027, 659 restricted stock units that vest on 2/16/2026, 810 restricted stock units that vest on 2/24/2025, 1,596 restricted stock units that vest on 5/5/2025, and 819 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.