Joseph A. Ruzynski - 20 Feb 2025 Form 4 Insider Report for FRANKLIN ELECTRIC CO INC (FELE)

Role
CEO
Signature
Joseph A. Ruzynski
Issuer symbol
FELE
Transactions as of
20 Feb 2025
Transactions value $
$2,435,986
Form type
4
Filing time
24 Feb 2025, 13:26:16 UTC
Previous filing
08 Jul 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 +8,255 +59% $0 22,222 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 $2,435,986 +22,981 $106 22,981 20 Feb 2025 common stock 22,981 $106 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 8,255 restricted shares that vest on 2/20/2028 and 13,967 restricted shares that vest on 7/1/2027.
F3 The options become exercisable in three equal installments of 1/3 each year, beginning on the first anniversary of 2/20/2025.