SEC Form 4 · accession 0000038725-16-000286
FRANKLIN ELECTRIC CO INC · FELE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven William Aikman
Officer — VP, Global Water Systems Engin
Period of report
Mar 11, 2016
Accepted (ET)
Mar 15, 2016 · 9:13 am EDT
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 stockF1 | Mar 11, 2016 | A | 931 | $0.00 | A | 14,945 | D | |
| common stockF2 | Mar 11, 2016 | F | 348 | $30.51 | D | 14,597 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares acquired upon settlement of performance-based restricted stock units.
- F2Includes 2,146 restricted shares that vest 4 years after the 2/25/2016 grant date, 1,636 restricted shares that vest 4 years after the 2/26/2015, 1,317 restricted shares that vest 4 years after the 3/4/2014 grant date, 1,412 restricted shares that vest 4 years after the 3/6/2013 grant date, 2,196 restricted shares that vest 4 years after the 5/4/2012 grant date, and 5,890 shares owned outright.