delancey w. davis - May 9, 2024 Form 4 Insider Report for FRANKLIN ELECTRIC CO INC (FELE)

Role
President, Headwater Companies
Signature
Delancey W. Davis
Stock symbol
FELE
Transactions as of
May 9, 2024
Transactions value $
-$520,812
Form type
4
Date filed
5/10/2024, 09:57 PM
Previous filing
Apr 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FELE common stock Sale -$226K -2.21K -21.65% $102.06 8.01K May 9, 2024 Direct
transaction FELE common stock Options Exercise $211K +2.89K +36.05% $73.14 10.9K May 9, 2024 Direct
transaction FELE common stock Tax liability -$295K -2.89K -26.5% $102.06 8.01K May 9, 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 -$211K -2.89K -100% $73.14 0 May 9, 2024 common stock 2.89K $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.