Jay J. Walsh - 26 Jul 2024 Form 4 Insider Report for FRANKLIN ELECTRIC CO INC (FELE)

Role
President, Franklin Fueling
Signature
Jay J. Walsh
Issuer symbol
FELE
Transactions as of
26 Jul 2024
Net transactions value
-$1,473,391
Form type
4
Filing time
26 Jul 2024, 16:54:53 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 Options Exercise $68,955 +1,634 +9.7% $42.20 18,561 26 Jul 2024 Direct
transaction FELE common stock Options Exercise $86,578 +2,151 +12% $40.25 20,712 26 Jul 2024 Direct
transaction FELE common stock Options Exercise $151,966 +2,755 +13% $55.16 23,467 26 Jul 2024 Direct
transaction FELE common stock Options Exercise $450,810 +7,550 +32% $59.71 31,017 26 Jul 2024 Direct
transaction FELE common stock Sale $1,473,391 -14,090 -45% $104.57 16,927 26 Jul 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 $68,955 -1,634 -100% $42.20 0 26 Jul 2024 common stock 1,634 $42.20 Direct F2
transaction FELE option Options Exercise $86,578 -2,151 -100% $40.25 0 26 Jul 2024 common stock 2,151 $40.25 Direct F2
transaction FELE option Options Exercise $151,966 -2,755 -100% $55.16 0 26 Jul 2024 common stock 2,755 $55.16 Direct F3
transaction FELE option Options Exercise $450,810 -7,550 -100% $59.71 0 26 Jul 2024 common stock 7,550 $59.71 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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 13,125 shares owned outright.
F2 The options become exercisable in four equal installments of 1/4 each year, beginning on the first anniversary of the grant date.
F3 The options become exercisable in three equal installments of 1/3 each year, beginning on the first anniversary of the grant date.