Jonathan M. Grandon - 20 Feb 2025 Form 4 Insider Report for FRANKLIN ELECTRIC CO INC (FELE)

Role
Chief Administrative Officer
Signature
Jonathan M. Grandon
Issuer symbol
FELE
Transactions as of
20 Feb 2025
Net transactions value
+$501,062
Form type
4
Filing time
24 Feb 2025, 13:22:22 UTC
Previous filing
26 Aug 2024
Next filing
26 Feb 2025
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 +1,698 +11% $0.000000 17,582 20 Feb 2025 Direct F1, F2

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 $501,062 +4,727 $106.00 4,727 20 Feb 2025 common stock 4,727 $106.00 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted shares vest 3 years after the 2/20/2025 grant date.
F2 Includes 1,698 restricted shares that vest on 2/20/2028, 1,715 restricted shares that vest on 2/22/2027, 1,555 restricted shares that vest on 2/16/2026, 1,895 restricted shares that vest on 2/24/2025, and 10,719 shares owned outright.
F3 The options become exercisable in three equal installments of 1/3 each year, beginning on the first anniversary of 2/20/2025.