Brent L. Spikes - May 5, 2022 Form 3 Insider Report for FRANKLIN ELECTRIC CO INC (FELE)

Role
VP, Global Manufacturing Ops
Signature
Brent L. Spikes
Stock symbol
FELE
Transactions as of
May 5, 2022
Transactions value $
$0
Form type
3
Date filed
5/9/2022, 05:13 PM
Next filing
Feb 21, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding FELE common stock 4.29K May 5, 2022 Direct F1
holding FELE common stock 4.21K May 5, 2022 401(k) Shares

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
holding FELE option May 5, 2022 common stock 965 $40.25 Direct F2
holding FELE option May 5, 2022 common stock 769 $55.16 Direct F3
holding FELE option May 5, 2022 common stock 960 $59.71 Direct F3
holding FELE option May 5, 2022 common stock 737 $73.14 Direct F3
holding FELE option May 5, 2022 common stock 653 $83.90 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 1,005 restricted shares that vest on 2/20/2023, 875 restricted shares that vest on 2/18/2024, 810 restricted shares that vest on 2/24/2025, 1,596 restricted shares that vest on 5/5/2025, and 0 shares owned outright.
F2 The options become exercisable in four equal installments of 1/4 each year, beginning on the first anniversary of the grant date.
F3 The options become exercisable in three equal installments of 1/4 each year, beginning on the first anniversary of the grant date.