SEC Form 4 · accession 0000038725-15-000197
FRANKLIN ELECTRIC CO INC · FELE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Donald P Kenney
Officer — VP & President Energy Systems
Period of report
Nov 3, 2015
Accepted (ET)
Nov 4, 2015 · 2:32 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000038725
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| common stock | Nov 3, 2015 | M | 2,100 | $22.95 | A | 20,889 | D | |
| common stockF1 | Nov 3, 2015 | S | 2,100 | $35.1586 | D | 18,789 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| optionF2 | $22.95 | Nov 3, 2015 | M | 2,100 | D | — | Feb 17, 2016 | common stock | 2,100 | 2,000 | D |
Explanation of responses
- F1Includes 1,693 restricted stock units that vest 4 years after the 2/26/2015 grant date, 3,716 restricted stock units that vest 4 years after the 3/4/2014 grant date, 4,796 restricted stock units that vest 4 years after the 3/6/2013 grant date, 5,588 restricted shares that vest 4 years after the 5/4/2012 grant date and 2,996 shares held outright.
- F2The options became exercisable in four equal installments of 1/4 each year, beginning on the first anniversary of the grant date.