GREGG C. SENGSTACK - 28 Apr 2023 Form 4 Insider Report for FRANKLIN ELECTRIC CO INC (FELE)

Role
Chairperson and CEO
Signature
Gregg C. Sengstack
Issuer symbol
FELE
Transactions as of
28 Apr 2023
Net transactions value
+$1,659,579
Form type
4
Filing time
01 May 2023, 15:32:10 UTC
Previous filing
03 Mar 2023
Next filing
08 May 2023
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 $2,966,825 +33,160 +21% $89.47 191,646 28 Apr 2023 Direct F1
transaction FELE common stock Tax liability $1,307,246 -14,611 -7.6% $89.47 177,035 28 Apr 2023 Direct F2
holding FELE common stock 160,000 28 Apr 2023 By Reporting Person's Trust F3
holding FELE common stock 115,000 28 Apr 2023 By Spouse's Trust F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Vest of Performance Share Units
F2 Includes 11,069 restricted stock units that vest on 2/16/2026, 14,303 restricted stock units that vest on 2/24/2025, 13,946 restricted stock units that vest on 2/18/2024, and 137,717 owned outright.
F3 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.
F4 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.