Jay J. Walsh - Jul 26, 2024 Form 4 Insider Report for FRANKLIN ELECTRIC CO INC (FELE)

Role
President, Franklin Fueling
Signature
Jay J. Walsh
Stock symbol
FELE
Transactions as of
Jul 26, 2024
Transactions value $
-$1,473,391
Form type
4
Date filed
7/26/2024, 04:54 PM
Previous filing
Apr 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FELE common stock Options Exercise $69K +1.63K +9.65% $42.20 18.6K Jul 26, 2024 Direct
transaction FELE common stock Options Exercise $86.6K +2.15K +11.59% $40.25 20.7K Jul 26, 2024 Direct
transaction FELE common stock Options Exercise $152K +2.76K +13.3% $55.16 23.5K Jul 26, 2024 Direct
transaction FELE common stock Options Exercise $451K +7.55K +32.17% $59.71 31K Jul 26, 2024 Direct
transaction FELE common stock Sale -$1.47M -14.1K -45.43% $104.57 16.9K Jul 26, 2024 Direct F1

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 -$69K -1.63K -100% $42.20 0 Jul 26, 2024 common stock 1.63K $42.20 Direct F2
transaction FELE option Options Exercise -$86.6K -2.15K -100% $40.25 0 Jul 26, 2024 common stock 2.15K $40.25 Direct F2
transaction FELE option Options Exercise -$152K -2.76K -100% $55.16 0 Jul 26, 2024 common stock 2.76K $55.16 Direct F3
transaction FELE option Options Exercise -$451K -7.55K -100% $59.71 0 Jul 26, 2024 common stock 7.55K $59.71 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 1,156 restricted stock units that vest on 2/22/2027, 1,153 restricted stock units that vest on 2/16/2026, 1,493 restricted stock units that vest on 2/24/2025, and 13,125 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 1/3 each year, beginning on the first anniversary of the grant date.