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FRANKLIN ELECTRIC CO INC — Director's Dealing 2017
Feb 27, 2017
31143_dirs_2017-02-27_d821e6f4-b1fe-4adc-977a-8a04b686fb46.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: 2017-02-24
Reporting Person: SENGSTACK GREGG C (Chairman and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-02-24 | common stock | A | 15349 | — | Acquired | 384433 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-02-24 | option | $43.0 | A | 70569 | Acquired | 2027-02-24 | common stock (70569.0) | Direct |
Footnotes
F1: Restricted stock units vest 4 years after the 2/24/2017 grant date.
F2: 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, 6,068 restricted stock units that vest 4 years from the 3/6/2013 grant date, and 319,762 shares owned outright.
F3: The options become exercisable in four equal installments of 1/4 each year, beginning on the first anniversary of the 2/24/2017 grant date.