Delancey W. Davis - 09 May 2024 Form 4 Insider Report for FRANKLIN ELECTRIC CO INC (FELE)

Role
President, Headwater Companies
Signature
Delancey W. Davis
Issuer symbol
FELE
Transactions as of
09 May 2024
Net transactions value
-$520,812
Form type
4
Filing time
10 May 2024, 21:57:31 UTC
Previous filing
19 Apr 2024
Next filing
24 Feb 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FELE common stock Sale $225,961 -2,214 -22% $102.06 8,014 09 May 2024 Direct
transaction FELE common stock Options Exercise $211,301 +2,889 +36% $73.14 10,903 09 May 2024 Direct
transaction FELE common stock Tax liability $294,851 -2,889 -26% $102.06 8,014 09 May 2024 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 $211,301 -2,889 -100% $73.14 0 09 May 2024 common stock 2,889 $73.14 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 1,499 restricted stock units that vest on 2/22/2027, 1,489 restricted stock units that vest on 2/16/2026, 1,752 restricted stock units that vest on 2/24/2025, and 3,274 shares owned outright.
F2 The options become exercisable in three equal installments of 1/3 each year, beginning on the first anniversary of the grant date.