John J. Haines - Nov 5, 2021 Form 4 Insider Report for FRANKLIN ELECTRIC CO INC (FELE)

Role
Special Advisor
Signature
John J. Haines
Stock symbol
FELE
Transactions as of
Nov 5, 2021
Transactions value $
-$257,695
Form type
4
Date filed
11/9/2021, 12:11 PM
Previous filing
Nov 4, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FELE common stock Options Exercise $102K +2.79K +5.45% $36.67 54K Nov 5, 2021 Direct
transaction FELE common stock Sale -$258K -2.79K -5.17% $92.43 51.2K Nov 5, 2021 Direct F1
transaction FELE common stock Gift $0 -1.1K -2.15% $0.00 50.1K Nov 9, 2021 Direct 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 -$102K -2.79K -100% $36.67 0 Nov 5, 2021 common stock 2.79K $36.67 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Sold 1,848 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 30,822 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.