SEC Form 4 · accession 0000038725-17-000091
FRANKLIN ELECTRIC CO INC · FELE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas J Strupp
Other
Period of report
May 1, 2017
Accepted (ET)
May 2, 2017 · 3:48 pm 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 stock | May 1, 2017 | M | 7,756 | $24.10 | A | 10,515 | D | |
| common stock | May 1, 2017 | M | 5,498 | $32.53 | A | 16,013 | D | |
| common stock | May 1, 2017 | M | 6,652 | $36.67 | A | 22,665 | D | |
| common stock | May 1, 2017 | M | 9,290 | $29.08 | A | 31,955 | D | |
| common stock | May 1, 2017 | F | 24,679 | $41.10 | D | 7,276 | D | |
| common stock | May 1, 2017 | S | 54 | $39.95 | D | 7,222 | D | |
| common stock | May 1, 2017 | S | 305 | $40.10 | D | 6,917 | D | |
| common stock | May 2, 2017 | S | 4,517 | $39.20 | D | 2,400 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| optionF1 | $24.10 | May 1, 2017 | M | 7,756 | D | — | May 4, 2022 | common stock | 7,756 | 0 | D |
| optionF1 | $32.53 | May 1, 2017 | M | 5,498 | D | — | Mar 6, 2023 | common stock | 5,498 | 0 | D |
| optionF1 | $36.67 | May 1, 2017 | M | 6,652 | D | — | Feb 26, 2025 | common stock | 6,652 | 0 | D |
| optionF1 | $29.08 | May 1, 2017 | M | 9,290 | D | — | Feb 25, 2026 | common stock | 9,290 | 0 | D |
Explanation of responses
- F1The options become exercisable in four equal installments of 1/4 each year, beginning on the first anniversary of the grant date.