SEC Form 4 · accession 0000038725-18-000213
FRANKLIN ELECTRIC CO INC · FELE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John J Haines
Officer — Vice President and CFO
Period of report
Nov 28, 2018
Accepted (ET)
Nov 29, 2018 · 4:00 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 | Nov 28, 2018 | M | 5,000 | $14.41 | A | 45,424 | D | |
| common stockF1 | Nov 28, 2018 | F | 3,089 | $45.53 | D | 42,335 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| optionF2 | $14.41 | Nov 28, 2018 | M | 5,000 | D | — | Feb 22, 2020 | common stock | 5,000 | 18,600 | D |
Explanation of responses
- F1Includes 5,590 restricted stock units that vest 4 years after the 2/22/2018 grant date, 4,870 restricted stock units that vest 4 years after the 2/23/2017 grant date, 5,983 restricted stock units that vest 4 years after the 2/25/2016 grant date, 4,500 restricted stock units that vest 4 years after the 2/26/2015 grand date, and 21,392 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.