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FRANKLIN ELECTRIC CO INC — Director's Dealing 2017
Oct 30, 2017
31143_dirs_2017-10-30_bc30ab77-a35e-4fd8-b7f5-51e4d551fa3c.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: 2017-10-26
Reporting Person: Kenney Donald P (VP & President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-10-26 | common stock | S | 603 | $45 | Disposed | 19129 | Direct |
| 2017-10-27 | common stock | M | 12000 | $16.095 | Acquired | 31129 | Direct |
| 2017-10-27 | common stock | F | 7849 | $45.55 | Disposed | 23280 | Direct |
| 2017-10-27 | common stock | S | 4151 | $45 | Disposed | 19129 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-10-27 | option | $16.095 | M | 12000 | Disposed | 2018-02-28 | common stock (12000.0) | Direct |
Footnotes
F1: Includes 5,945 restricted stock units that vest on 2/23/2021, 2,218 restricted stock units that vest 4 years after the 2/25/2016 grant date, 1,693 restricted stock units that vest 4 years after the 2/26/2015 grant date, 3,716 restricted stock units that vest 4 years after the 3/4/2014 grant date, and 5,557 shares owned outright.
F2: The options became exercisable in four equal installments of 1/4 each year, beginning on the first anniversary of the grant date.
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