GREGG C. SENGSTACK - 01 Jun 2021 Form 4 Insider Report for FRANKLIN ELECTRIC CO INC (FELE)

Signature
Gregg C. Sengstack
Issuer symbol
FELE
Transactions as of
01 Jun 2021
Net transactions value
-$963,557
Form type
4
Filing time
02 Jun 2021, 13:43:58 UTC
Next filing
05 Aug 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FELE common stock Sale $963,557 -11,397 -5.8% $84.54 183,426 01 Jun 2021 Direct F1
holding FELE common stock 160,000 01 Jun 2021 By Reporting Person's Trust F2
holding FELE common stock 115,000 01 Jun 2021 By Spouse's Trust F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 13,946 restricted stock units that vest 3 years from the 2/18/2021 grant date, 16,580 restricted stock units that vest 3 years from the 2/20/2020 grant date, 16,316 restricted stock units that vest 3 years from the 2/21/2019 grant date, 20,497 restricted stock units that vest 4 years from the 2/22/2018 grant date, and 116,087 owned outright.
F2 Represents shares held of record by the Gregg Sengstack 2020 Dynasty Trust, for which the reporting person's spouse is the trustee and over which the reporting person does not have sole voting and investment power.
F3 Represents shares held of record by the Dianne Sengstack 2020 Dynasty Trust, for which the reporting person is the trustee and over which the reporting person has sole voting and investment power.