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FRANKLIN ELECTRIC CO INC — Director's Dealing 2017
Feb 27, 2017
31143_dirs_2017-02-27_5e7e1b28-cefd-48e3-a9ae-34113d4449c3.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: 2017-02-23
Reporting Person: CROSE DANIEL J (Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-02-23 | common stock | A | 1813 | — | Acquired | 53890 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-02-23 | option | $42.2 | A | 8335 | Acquired | 2027-02-23 | common stock (8335.0) | Direct |
Footnotes
F1: Restricted stock units vest 4 years after the 2/23/2017 grant date
F2: Includes 1,813 restricted stock units that vest 4 years after the 2/23/2017 grant date, 2,553 restricted stock units that vest 4 years after the 2/25/2016 grant date, 1,963 restricted stock units that vest 4 years after the 2/26/2015 grant date, 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 and 43,830 shares owned outright.
F3: The options become exercisable in four equal installments of 1/4 each year, beginning on the first anniversary of the 2/23/2017 grant date.