SEC Form 4 · accession 0000038725-16-000278
FRANKLIN ELECTRIC CO INC · FELE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas J Strupp
Officer — Vice President
Period of report
Mar 2, 2016
Accepted (ET)
Mar 3, 2016 · 2:50 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 | Mar 2, 2016 | M | 2,746 | $8.67 | A | 21,163 | D | |
| common stockF1 | Mar 2, 2016 | F | 1,480 | $31.18 | D | 19,683 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| optionF2 | $8.67 | Mar 2, 2016 | M | 2,746 | D | — | Mar 5, 2019 | common stock | 2,746 | 7,500 | D |
Explanation of responses
- F1Includes 1,867 restricted stock units that vest 4 years after the 2/25/2016 grant date, 1,440 restricted stock units that vest 4 years after the 2/26/2015 grant date, 1,186 restricted stock units that vest 4 years after the 3/4/2014 grant date, 1,530 restricted stock units that vest after the 3/6/2013 grant date, 2,394 restricted shares that vest 4 years after the 5/4/2012 grant date, and 11,266 shares owned outright.
- F2The options become exercisable in four equal installments of 1/4 each year, beginning on the first anniversary of the grant date.