Victor Grizzle - 29 Jan 2025 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
29 Jan 2025
Net transactions value
+$83,373
Form type
4
Filing time
30 Jan 2025, 11:58:32 UTC
Previous filing
17 Dec 2024
Next filing
21 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 $83,406 +846 +61% $98.55 2,236 29 Jan 2025 Direct
transaction FELE common stock Other $32.52 -0 -0.01% $98.55 2,236 29 Jan 2025 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 -846 -8.2% $0.000000 9,436 29 Jan 2025 common stock 846 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 2,236 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 2020 Board of Directors stock award in Franklin Electric Co., Inc. common stock and dividends received on such shares.