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FRANKLIN ELECTRIC CO INC — Director's Dealing 2014
Mar 6, 2014
31143_dirs_2014-03-06_f3c23817-9881-4d72-9aff-64f8d4790354.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: 2014-03-04
Reporting Person: CROSE DANIEL J (Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-03-04 | Restricted Stock Units | A | 1629 | — | Acquired | 35189 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-03-04 | option | $43.27 | A | 6270 | Acquired | 2024-03-04 | common stock (6270.0) | Direct |
Footnotes
F1: Restricted stock units vest 4 years after the 3/4/2014 grant date.
F2: Includes 1,629 restricted stock units that vest 4 years after the 3/4/2014 grant date, 2,102 restricted stock units that vest 4 years after the 3/6/2013 grant date, 3,692 restricted stock units that vest 4 years after the 5/4/2012 grant date, 1,204 restricted shares that vest 4 years after the 3/2/2011 grant date, and 26,562 shares owned outright.
F3: The options became exercisable in four equal installments of 1/4 each year, beginning on the first anniversary of the 3/4/2014 grant date