SEC Form 4 · accession 0000038725-17-000143

FRANKLIN ELECTRIC CO INC · FELE

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Sr. Vice President

Period of report

Jul 25, 2017

Accepted (ET)

Jul 27, 2017 · 8:10 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
common stock	Jul 25, 2017	M	10,600	$16.095	A	39,392	D
common stock	Jul 25, 2017	S	10,600	$45.00	D	28,792	D
common stock	Jul 25, 2017	M	15,860	$8.67	A	44,652	D
common stock	Jul 25, 2017	S	15,860	$45.00	D	28,792	D
common stock	Jul 25, 2017	M	12,800	$14.41	A	41,592	D
common stock^F2	Jul 25, 2017	S	12,800	$45.00	D	28,792	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	D/I
option^F1,F3	$16.095	Jul 25, 2017	M	10,600	D	—	Feb 28, 2018	common stock	10,600	D
option^F1,F3	$8.67	Jul 25, 2017	M	15,860	D	—	Mar 5, 2019	common stock	15,860	D
option^F1,F3	$14.41	Jul 25, 2017	M	12,800	D	—	Feb 22, 2020	common stock	12,800	D

F1This exercise of stock options and corresponding sale of shares was pursuant to a Rule 10b5-1 trading plan entered into by the reporting person.
F2Includes 3,412 restricted stock units that vest 4 years after the 2/23/2017 grant date, 4,797 restricted stock units that vest on 2/25/2019, 3,681 restricted shares that vest 4 years after the 2/26/2015 grant date, 3,030 restricted shares that vest 4 years after the 3/4/2014 grant date, and 13,872 shares held outright.
F3The options become exercisable in four equal installments of 1/4 each year, beginning on the first anniversary of the grant date.