SEC Form 4 · accession 0000038725-18-000053

FRANKLIN ELECTRIC CO INC · FELE

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

A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).

Reporting owner

Officer — President, Headwater Companies

Period of report

Mar 9, 2018

Accepted (ET)

Mar 13, 2018 · 2:21 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
common stock	Mar 9, 2018	S	1,595	$42.65	D	16,333	D
common stock	Mar 9, 2018	M	3,572	$36.67	A	19,905	D
common stock	Mar 9, 2018	S	3,572	$42.90	D	16,333	D
common stock	Mar 9, 2018	M	5,004	$29.08	A	21,337	D
common stock^F2	Mar 9, 2018	S	5,004	$42.90	D	16,333	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
option^F1	$36.67	Mar 9, 2018	M	3,572	D	—	Feb 26, 2025	common stock	3,572	3,571	D
option^F1	$29.08	Mar 9, 2018	M	5,004	D	—	Feb 25, 2026	common stock	5,004	10,008	D

F1The options become exercisable in four equal installments of 1/4 each year, beginning on the first anniversary of the grant date.
F2Includes 3,086 restricted stock units that vest 4 years after the 2/22/2018 grant date, 2,858 restricted stock units that vest 4 years after the 2/23/2017 grant date, 4,023 restricted shares that vest 4 years after the 2/25/2016 grant date, 3,092 restricted shares that vest 4 years after the 2/26/2015 grant date, and 3,274 shares owned outright.