John J. Haines - Aug 16, 2021 Form 4 Insider Report for FRANKLIN ELECTRIC CO INC (FELE)

Role
Vice President and CFO
Signature
John J. Haines
Stock symbol
FELE
Transactions as of
Aug 16, 2021
Transactions value $
-$274,354
Form type
4
Date filed
8/17/2021, 08:43 AM
Previous filing
Aug 13, 2021
Next filing
Nov 1, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FELE common stock Options Exercise $143K +3.3K +6.46% $43.27 54.5K Aug 16, 2021 Direct
transaction FELE common stock Sale -$274K -3.3K -6.06% $83.04 51.2K Aug 16, 2021 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction FELE option Options Exercise -$143K -3.3K -100% $43.27 0 Aug 16, 2021 common stock 3.3K $43.27 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

John J. Haines is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
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.