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FRANKLIN ELECTRIC CO INC — Director's Dealing 2021
Feb 23, 2021
31143_dirs_2021-02-22_27c639a3-d30f-49ea-ab4b-b7065805cd2c.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: 2021-02-18
Reporting Person: Chhabra Paul (VP, Global Product Supply)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-02-18 | common stock | A | 1825 | — | Acquired | 11799 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-02-18 | option | $73.14 | A | 8203 | Acquired | 2031-02-18 | common stock (8203.0) | Direct |
Footnotes
F1: Restricted stock units vest 3 years after the 2/18/2021 grant date.
F2: Includes 1,825 restricted shares that vest on 2/18/2024, 2,085 restricted shares that vest on 2/20/2023, 2,599 restricted shares that vest on 2/22/2022, 2,175 restricted shares that vest on 2/21/2022, and 3,115 shares owned out-right.
F3: The options become exercisable in three equal installments of 1/3 each year, beginning on the first anniversary of 2/18/2021.
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