SEC Form 4 · accession 0000038725-15-000199
FRANKLIN ELECTRIC CO INC · FELE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregg C Sengstack
Officer — Chairman and CEO
Period of report
Nov 4, 2015
Accepted (ET)
Nov 5, 2015 · 11:11 am 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 4, 2015 | M | 7,800 | $22.95 | A | 357,008 | D | |
| common stock | Nov 4, 2015 | F | 5,927 | $35.11 | D | 351,081 | D | |
| common stockF1,F2 | Nov 4, 2015 | G | 300 | $0.00 | D | 350,781 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| optionF3 | $22.95 | Nov 4, 2015 | M | 7,800 | D | — | Feb 17, 2016 | common stock | 7,800 | 0 | D |
Explanation of responses
- F1Shares gifted
- F2Includes 14,317 restricted stock units that vest 4 years from the 2/26/2015 grant date, 5,290 restricted stock units that vest 4 years from the 5/6/2014 grant date, 4,562 restricted stock units that vest 4 years from the 3/4/2014 grant date, 6,068 restricted stock units that vest 4 years from the 3/6/2013 grant date, 10,698 restricted stock units that vest 4 years from the 5/4/2012 grant date, and 309,846 shares owned outright.
- F3The options become exercisable in four equal installments of 1/4 each year, beginning on the first anniversary of the grant date.