Jay J. Walsh - Feb 20, 2025 Form 4 Insider Report for FRANKLIN ELECTRIC CO INC (FELE)

Signature
Jay J. Walsh
Stock symbol
FELE
Transactions as of
Feb 20, 2025
Transactions value $
$330,614
Form type
4
Date filed
2/24/2025, 01:29 PM
Previous filing
Jul 26, 2024
Next filing
Feb 26, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FELE common stock Award $0 +1.12K +6.62% $0.00 18K Feb 20, 2025 Direct F1, F2
holding FELE common stock 21.7 Feb 20, 2025 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 $331K +3.12K $106.00 3.12K Feb 20, 2025 common stock 3.12K $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 stock units vest 3 years after the 2/20/2025 grant date.
F2 Includes 1,120 restricted stock units that vest on 2/20/2028, 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 13,125 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.