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FRANKLIN ELECTRIC CO INC — Director's Dealing 2018
Jul 30, 2018
31143_dirs_2018-07-30_5ff2f058-900f-4ce2-a2a3-6a4cfb5c69ac.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: 2018-07-26
Reporting Person: SENGSTACK GREGG C (Chairman and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-07-26 | common stock | M | 24108 | $8.67 | Acquired | 436949 | Direct |
| 2018-07-26 | common stock | F | 13016 | $48.85 | Disposed | 423933 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-07-26 | option | $8.67 | M | 24108 | Acquired | 2019-03-05 | common stock (24108.0) | Direct |
Footnotes
F1: Includes 20,497 restricted stock units that vest 4 years from the 2/22/2018 grant date, 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, and 354,685 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.
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