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FRANKLIN ELECTRIC CO INC — Director's Dealing 2021
Aug 17, 2021
31143_dirs_2021-08-17_8c661da1-bc21-4354-821a-c6ce6e86394f.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: 2021-08-16
Reporting Person: Haines John J (Vice President and CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-08-16 | common stock | M | 3304 | $43.27 | Acquired | 54483 | Direct |
| 2021-08-16 | common stock | S | 3304 | $83.037 | Disposed | 51179 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-08-16 | option | $43.27 | M | 3304 | Disposed | 2024-03-04 | common stock (3304.0) | Direct |
Footnotes
F1: Sold 2,419 shares to cover the stock option price and taxes.
F2: Includes 4,102 restricted stock units that vest 3 years after the 2/18/2021 grant date, 5,024 restricted stock units that vest 3 years after the 2/20/2020 grant date, 4,541 restricted stock units that vest 3 years after the 2/21/2019 grant date, 5,590 restricted stock units that vest 4 years after the 2/22/2018 grant date, and 31,922 shares owned outright.
F3: The options become exercisable in four equal installments of 1/4 each year, beginning on the first anniversary of the grant date.