Victor Grizzle - 15 Dec 2024 Form 4 Insider Report for FRANKLIN ELECTRIC CO INC (FELE)

Role
Director
Signature
Jonathan M. Grandon, power of attorney for Victor Grizzle
Issuer symbol
FELE
Transactions as of
15 Dec 2024
Net transactions value
+$146,103
Form type
4
Filing time
17 Dec 2024, 11:03:41 UTC
Previous filing
22 Nov 2024
Next filing
30 Jan 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FELE common stock Options Exercise $146,164 +1,391 $105.11 1,391 15 Dec 2024 Direct
transaction FELE common stock Other $60.96 -1 -0.04% $105.11 1,390 15 Dec 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 stock units Options Exercise $0 -1,391 -12% $0.000000 10,283 15 Dec 2024 common stock 1,391 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Partial shares paid out in cash.
F2 Includes 1,390 shares owned outright.
F3 Pursuant to terms of the Nonemployee Directors' Deferred Compensation Plan approved by the Board of Directors on February 11, 2000 and amended and restated on May 6, 2020, Mr. Grizzle has elected to receive his deferred compensation in shares of Franklin common stock. The deferred compensation was for his 2022 Board of Directors retainer and committee member fees in Franklin Electric Co., Inc. common stock and dividends received on such shares.