SEC Form 4 · accession 0000038725-18-000215
FRANKLIN ELECTRIC CO INC · FELE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Donald P Kenney
Officer — VP & President
Period of report
Dec 10, 2018
Accepted (ET)
Dec 12, 2018 · 3:27 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 | Dec 10, 2018 | M | 6,374 | $8.67 | A | 24,291 | D | |
| common stockF1 | Dec 10, 2018 | F | 3,563 | $41.01 | D | 20,728 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| optionF2 | $8.67 | Dec 10, 2018 | M | 5,270 | D | — | Mar 5, 2019 | common stock | 5,270 | 0 | D |
| optionF2 | $8.67 | Dec 10, 2018 | M | 1,104 | D | — | Mar 5, 2019 | common stock | 1,104 | 0 | D |
Explanation of responses
- F1Includes 3,727 restricted stock units that vest on 2/22/2022, 5,945 restricted stock units that vest on 2/23/2021, 2,218 restricted stock units that vest 4 years after the 2/25/2016 grant date, 1,693 restricted stock units that vest 4 years after the 2/26/2015 grant date, and 7,145 shares owned outright.
- F2The options became exercisable in four equal installments of 1/4 each year, beginning on the first anniversary of the grant date.