Delancey W. Davis - 20 Feb 2025 Form 4 Insider Report for FRANKLIN ELECTRIC CO INC (FELE)

Role
President, Headwater Companies
Signature
Delancey W. Davis
Issuer symbol
FELE
Transactions as of
20 Feb 2025
Net transactions value
+$424,530
Form type
4
Filing time
24 Feb 2025, 13:39:18 UTC
Previous filing
10 May 2024
Next filing
26 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 Award $0 +1,439 +18% $0.000000 9,453 20 Feb 2025 Direct F1, F2
holding FELE common stock 127 20 Feb 2025 401K Shares

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 $424,530 +4,005 $106.00 4,005 20 Feb 2025 common stock 4,005 $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 stock units vest 3 years after the 2/20/2025 grant date.
F2 Includes 1,439 restricted stock units that vest on 2/20/2028, 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.
F3 The options become exercisable in three equal installments of 1/3 each year, beginning on the first anniversary of 2/20/2025.