SEC Form 4 · accession 0000038725-19-000026
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
delancey w davis
Officer — President, Headwater Companies
Period of report
Feb 25, 2019
Accepted (ET)
Feb 27, 2019 · 3:20 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 | Feb 25, 2019 | M | 5,004 | $29.08 | A | 21,337 | D | |
| common stock | Feb 25, 2019 | M | 3,285 | $42.20 | A | 24,622 | D | |
| common stock | Feb 25, 2019 | M | 3,633 | $40.25 | A | 28,255 | D | |
| common stockF1 | Feb 25, 2019 | F | 9,217 | $54.76 | D | 19,038 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| optionF2 | $29.08 | Feb 25, 2019 | M | 5,004 | A | — | Feb 25, 2026 | common stock | 5,004 | 5,004 | D |
| optionF2 | $42.20 | Feb 25, 2019 | M | 3,285 | A | — | Feb 23, 2027 | common stock | 3,285 | 6,569 | D |
| optionF2 | $40.25 | Feb 25, 2019 | M | 3,633 | A | — | Feb 22, 2028 | common stock | 3,633 | 10,897 | D |
Explanation of responses
- F1Includes 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 5,979 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.