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FRANKLIN ELECTRIC CO INC — Director's Dealing 2017
Aug 9, 2017
31143_dirs_2017-08-09_1f2afcd7-d415-420b-ad53-eec1acd944f6.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: 2017-08-09
Reporting Person: SENGSTACK GREGG C (Chairman and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-08-09 | common stock | M | 30600 | $16.095 | Acquired | 414951 | Direct |
| 2017-08-09 | common stock | F | 20860 | $39.85 | Disposed | 394091 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-08-09 | option | $16.095 | M | 30600 | Disposed | 2018-02-28 | common stock (30600.0) | Direct |
Footnotes
F1: Includes 15,349 restricted stock units that vest 4 years from the 2/24/2017 grant date, 19,085 restricted stock units that vest 4 years from the 2/25/2016 grant date, 14,317 restricted stock units that vest 4 years from the 2/26/2015 grant date, 5,290 restricted stock units that vest 4 years from the 5/6/2014 grant date, 4,562 restricted stock units that vest 4 years from the 3/4/2014 grant date, and 335,488 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.