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FRANKLIN ELECTRIC CO INC — Director's Dealing 2011
Feb 24, 2011
31143_dirs_2011-02-24_afe4542b-5385-4240-864f-d868d80c001a.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: FRANKLIN ELECTRIC CO INC (fele)
CIK: 0000038725
Period of Report: 2011-02-22
Reporting Person: TRUMBULL R SCOTT (Chairman and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-02-22 | common stock | P | 627 | $42.34 | Acquired | 163863 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| common stock | 2711 | Indirect |
| common stock | 12500 | Direct |
| common stock | 9400 | Direct |
| common stock | 1814 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| option | $24.98 | 2012-04-19 | common stock (20000) | 20000 | Direct |
| option | $24.01 | 2013-01-01 | common stock (80430) | 100430 | Direct |
| option | $29.95 | 2014-02-13 | common stock (60800) | 161230 | Direct |
| option | $40.93 | 2015-02-10 | common stock (30200) | 191430 | Direct |
| option | $45.9 | 2016-02-17 | common stock (18500) | 209930 | Direct |
| option | $48.87 | 2017-02-09 | common stock (14500) | 224430 | Direct |
| option | $32.19 | 2018-02-28 | common stock (57300) | 281730 | Direct |
| option | $17.34 | 2019-03-05 | common stock (100000) | 381730 | Direct |
| option | $28.82 | 2020-02-22 | common stock (39900) | 421630 | Direct |
Footnotes
F1: Holdings within the Franklin Electric Co., Inc. Directed Investment Salary Plan Trust. The information reported herein is based on a plan statement as of December 31, 2010.
F2: The shares vest at the end of four years.
F3: 907 RSA shares vested, used 280 shares to cover income taxes
F4: These shares are performance shares that will vest in 2011 based on performance criteria metrics. Peer criteria is expected in April 2011.
F5: The awards were a special grant that vest in three equal installments of 1/3 each year, beginning on the first anniversary of the grant date.
F6: The options become exercisable in three equal installments of 1/3 each year, beginning on the first anniversary of the grant date.
F7: The options become exercisable in five equal installments of 1/5 each year, beginning on the first anniversary of the grant date.
F8: The options become exercisable in four equal installments of 1/4 each year, beginning on the first anniversary of the grant date.