John J. Haines - 19 May 2021 Form 4 Insider Report for FRANKLIN ELECTRIC CO INC (FELE)

Role
Vice President and CFO
Signature
John J. Haines
Issuer symbol
FELE
Transactions as of
19 May 2021
Net transactions value
-$487,942
Form type
4
Filing time
21 May 2021, 15:34:16 UTC
Previous filing
18 May 2021
Next filing
26 May 2021
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 $48,200 +2,000 +3.9% $24.10 53,179 19 May 2021 Direct
transaction FELE common stock Sale $163,146 -2,000 -3.8% $81.57 51,179 19 May 2021 Direct F1
transaction FELE common stock Options Exercise $48,200 +2,000 +3.9% $24.10 53,179 20 May 2021 Direct
transaction FELE common stock Sale $162,034 -2,000 -3.8% $81.02 51,179 20 May 2021 Direct F2
transaction FELE common stock Options Exercise $48,200 +2,000 +3.9% $24.10 53,179 21 May 2021 Direct
transaction FELE common stock Sale $162,762 -2,000 -3.8% $81.38 51,179 21 May 2021 Direct F3, F4

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 $48,200 -2,000 -9.2% $24.10 19,650 19 May 2021 option 2,000 $24.10 Direct F5
transaction FELE option Options Exercise $48,200 -2,000 -10% $24.10 17,650 20 May 2021 option 2,000 $24.10 Direct F5
transaction FELE option Options Exercise $48,200 -2,000 -11% $24.10 15,650 21 May 2021 option 2,000 $24.10 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 1,212 shares sold to cover the stock option price and taxes.
F2 Includes 1,214 shares sold to cover the stock option price and taxes.
F3 Includes 1,213 shares sold to cover the stock option price and taxes.
F4 Includes 4,102 restricted stock units that vest 3 years after the 2/18/2021 grant date, 5,024 restricted stock units that vest 3 years after the 2/20/2020 grant date, 4,541 restricted stock units that vest 3 years after the 2/21/2019 grant date, 5,590 restricted stock units that vest 4 years after the 2/22/2018 grant date, and 31,922 shares owned outright.
F5 The options become exercisable in four equal installments of 1/4 each year, beginning on the first anniversary of the grant date.