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FRANKLIN ELECTRIC CO INC — Director's Dealing 2013
Aug 5, 2013
31143_dirs_2013-08-05_44581706-faef-433d-b182-b7d47098e711.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: 2013-08-02
Reporting Person: Strupp Thomas J (Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-08-02 | common stock | M | 14000 | $22.2525 | Acquired | 33826 | Direct |
| 2013-08-02 | common stock | M | 7800 | $22.95 | Acquired | 41626 | Direct |
| 2013-08-02 | common stock | M | 7200 | $24.435 | Acquired | 48826 | Direct |
| 2013-08-02 | common stock | F | 21742 | $37.97 | Disposed | 27084 | Direct |
| 2013-08-05 | common stock | S | 7258 | $38.02 | Disposed | 19826 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-08-02 | option | $22.2525 | M | 14000 | Disposed | 2015-07-25 | common stock (14000.0) | Direct |
| 2013-08-02 | option | $22.95 | M | 7800 | Disposed | 2016-02-17 | common stock (7800.0) | Direct |
| 2013-08-02 | option | $24.435 | M | 7200 | Disposed | 2017-02-09 | common stock (7200.0) | Direct |
Footnotes
F1: includes 1530 restricted stock units that vest 4 years after the 3/6/2013 grant date, 2394 restricted shares that vest 4 years after the 5/4/2012 gratn date, 2502 restricted shares that vest 4 years after the 3/2/2011 grant date, 3400 restricted shares that vest 4 years after the 2/22/2010 grant date, and 10,000 shares owned outright.
F2: The options became exercisable in four equal installments of 1/4 each year, beginning on the first anniversary of the 7/25/2005 grant date
F3: The options became exercisable in four equal installments of 1/4 each year, beginning on the first anniversary of the 2/17/2006 grant date
F4: The options became exercisable in four equal installments of 1/4 each year, beginning on the first anniversary of the 2/9/2007 grant date