Greg M. Levine - 20 Feb 2025 Form 4 Insider Report for FRANKLIN ELECTRIC CO INC (FELE)

Role
VP & President, Global Water
Signature
Greg M. Levine
Issuer symbol
FELE
Transactions as of
20 Feb 2025
Net transactions value
+$403,648
Form type
4
Filing time
24 Feb 2025, 13:33:33 UTC
Previous filing
08 Jul 2024
Next filing
18 Feb 2026
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FELE common stock Award $0 +1,368 +31% $0.000000 5,769 20 Feb 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 option Award $403,648 +3,808 $106.00 3,808 20 Feb 2025 common stock 3,808 $106.00 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted shares vest 3 years after the 2/20/2025 grant date.
F2 Includes 1,368 restricted shares that vest on 2/20/2028, 1,398 restricted shares that vest on 2/22/2027, 2,187 restricted shares that vest on 2/16/2026, and 816 shares owned outright.
F3 The options become exercisable in three equal installments of 1/3 each year, beginning on the first anniversary of 2/20/2025.