Greg M. Levine - 22 Feb 2024 Form 4 Insider Report for FRANKLIN ELECTRIC CO INC (FELE)

Role
VP & President, Global Water
Signature
Greg M. Levine
Issuer symbol
FELE
Transactions as of
22 Feb 2024
Net transactions value
+$379,610
Form type
4
Filing time
26 Feb 2024, 16:39:50 UTC
Previous filing
06 Jul 2023
Next filing
08 Jul 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 +1,398 +38% $0.000000 5,043 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 $379,610 +3,859 $98.37 3,859 22 Feb 2024 common stock 3,859 $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 shares vest 3 years after the 2/22/2024 grant date.
F2 Includes 1,398 restricted shares that vest on 2/22/2027, 2,187 restricted shares that vest on 2/16/2026, and 1,458 restricted shares that vest on 7/3/2024.
F3 The options become exercisable in three equal installments of 1/3 each year, beginning on the first anniversary of 2/22/2024.