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FRANKLIN ELECTRIC CO INC — Director's Dealing 2017
Feb 27, 2017
31143_dirs_2017-02-27_bd44e2df-9f37-487f-a408-112801b679d7.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: Aikman Steven William (VP, Global Water Systems Engin)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-02-23 | common stock | A | 1528 | — | Acquired | 15441 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-02-23 | option | $42.2 | A | 7027 | Acquired | 2027-02-23 | common stock (7027.0) | Direct |
Footnotes
F1: Restricted stock units vest 4 years after the 2/23/2017 grant date.
F2: Includes 1,528 restricted stock units that vest 4 years after the 2/23/2017 grant date, 2,146 restricted shares that vest 4 years after the 2/25/2016 grant date, 1,636 restricted shares that vest 4 years after the 2/26/2015, 1,317 restricted shares that vest 4 years after the 3/4/2014 grant date, 1,412 restricted shares that vest 4 years after the 3/6/2013 grant date, and 7,402 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.