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FRANKLIN ELECTRIC CO INC — Director's Dealing 2020
Jun 9, 2020
31143_dirs_2020-06-09_ec196663-892f-4dcc-b2c7-00d3bc40255c.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: 2020-06-08
Reporting Person: ROBERTS DAVID A (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-06-08 | common stock | M | 5567.15 | $56.29 | Acquired | 31919.15 | Direct |
| 2020-06-08 | common stock | J | 0.15 | $56.29 | Disposed | 31919 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-06-08 | stock units | $ | M | 5567.15 | Disposed | common stock (5567.15) | Direct |
Footnotes
F1: Partial shares paid out in cash.
F2: Includes 31,919 shares owned outright.
F3: Pursuant to terms of the Nonemployee Directors' Deferred Compensation Plan approved by the Board of Directors on February 11, 2000 and amended and restated on May 6, 2020, Mr. Roberts has retired from the board and has elected to receive his deferred compensation in shares of Franklin common stock. The deferred compensation was for his 2017 Board of Directors stock award and 2004 Board of Directors retainer in Franklin Electric Co., Inc. common stock and dividends received on such shares.