Donald P. Kenney - Feb 24, 2022 Form 4 Insider Report for FRANKLIN ELECTRIC CO INC (FELE)

Role
VP & President
Signature
Donald P. Kenney
Stock symbol
FELE
Transactions as of
Feb 24, 2022
Transactions value $
$879,272
Form type
4
Date filed
2/28/2022, 02:42 PM
Previous filing
Feb 23, 2022
Next filing
Apr 5, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FELE common stock Award $0 +3.25K +12.11% $0.00 30.1K Feb 24, 2022 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 Award $879K +10.5K +100% $83.90 21K Feb 24, 2022 common stock 10.5K $83.90 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units vest 3 years after the 2/24/2022 grant date.
F2 Includes 3,254 restricted stock units that vest 2/24/2025, 3,589 restricted stock units that vest 2/18/2024, 4,019 restricted stock units that vest on 2/20/2023, and 19,252 shares owned outright.
F3 The options become exercisable in three equal installments of 1/3 each year, beginning on the first anniversary of 2/24/2022.