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FRANKLIN ELECTRIC CO INC — Director's Dealing 2016
Mar 3, 2016
31143_dirs_2016-03-03_c0fb5709-5536-4795-95be-65755b1fe6ff.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: 2016-03-02
Reporting Person: Strupp Thomas J (Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-03-02 | common stock | M | 2746 | $8.67 | Acquired | 21163 | Direct |
| 2016-03-02 | common stock | F | 1480 | $31.18 | Disposed | 19683 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-03-02 | option | $8.67 | M | 2746 | Disposed | 2019-03-05 | common stock (2746.0) | Direct |
Footnotes
F1: Includes 1,867 restricted stock units that vest 4 years after the 2/25/2016 grant date, 1,440 restricted stock units that vest 4 years after the 2/26/2015 grant date, 1,186 restricted stock units that vest 4 years after the 3/4/2014 grant date, 1,530 restricted stock units that vest after the 3/6/2013 grant date, 2,394 restricted shares that vest 4 years after the 5/4/2012 grant date, and 11,266 shares owned outright.
F2: The options become exercisable in four equal installments of 1/4 each year, beginning on the first anniversary of the grant date.