SEC Form 4 · accession 0000038725-19-000041
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 21, 2019
Accepted (ET)
Feb 28, 2019 · 9:17 am 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 stockF1,F2 | Feb 21, 2019 | A | 2,311 | $0.00 | A | 18,644 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| optionF3 | $55.16 | Feb 21, 2019 | A | 10,724 | A | — | Feb 21, 2029 | common stock | 10,724 | 10,724 | D |
Explanation of responses
- F1Restricted stock shares vest 3 years after the 2/21/2019 grant date.
- F2Includes 2,311 restricted stock units that vest 3 years after the 2/21/2019 grant date, 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
- F3The options become exercisable in three equal installments of 1/3 each year, beginning on the first anniversary of 2/21/2019.