Jay J. Walsh - 22 Feb 2024 Form 4 Insider Report for FRANKLIN ELECTRIC CO INC (FELE)

Role
President, Franklin Fueling
Signature
Jay J. Walsh
Issuer symbol
FELE
Transactions as of
22 Feb 2024
Transactions value $
$314,095
Form type
4
Filing time
26 Feb 2024, 16:38:05 UTC
Previous filing
20 Feb 2024
Next filing
19 Apr 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 Award $0 +1.16K +8.4% $0.00 14.9K 22 Feb 2024 Direct F1, F2
holding FELE common stock 21.5 22 Feb 2024 401(k) 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 $314K +3.19K $98.37 3.19K 22 Feb 2024 common stock 3.19K $98.37 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 2/22/2024 grant date.
F2 Includes 1,156 restricted stock units that vest on 2/22/2027, 1,153 restricted stock units that vest on 2/16/2026, 1,493 restricted stock units that vest on 2/24/2025, and 11,120 shares owned outright.
F3 The options become exercisable in three equal installments of 1/3 each year, beginning on the first anniversary of 2/22/2024.