GREGG C. SENGSTACK - 05 Dec 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
05 Dec 2023
Net transactions value
$0
Form type
4
Filing time
07 Dec 2023, 16:22:59 UTC
Previous filing
04 Dec 2023
Next filing
20 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FELE common stock Gift $0 -10,532 -6.2% $0.000000 160,087 05 Dec 2023 Direct F1, F2
transaction FELE common stock Other $0 +10,532 $0.000000 10,532 05 Dec 2023 By Sengstack Family Foundation F1, F5
holding FELE common stock 160,000 05 Dec 2023 By Reporting Person's Trust F3
holding FELE common stock 115,000 05 Dec 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 On December 5, 2023, the reporting person gifted 10,532 shares, which he previously held directly, to the Sengstack Family Foundation.
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 120,769 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.
F5 Represents shares held of record by the Sengstack Family Foundation, for which the reporting person is the president and over which the reporting person has sole voting and dispositive power.