SEC Form 4/A · accession 0000038725-19-000072
FRANKLIN ELECTRIC CO INC · FELE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Julie Scheck Freigang
Officer — Vice President
Period of report
Feb 21, 2019
Accepted (ET)
Mar 1, 2019 · 8:31 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 | 1,414 | $0.00 | A | 7,532 | 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 | 6,662 | A | — | Feb 21, 2029 | common stock | 6,662 | 6,662 | D |
Explanation of responses
- F1Restricted stock shares vest 3 years after the 2/21/2019 grant date.
- F2Includes 1,414 restricted shares that vest 3 years after the 2/21/2019 grant date, 1,491 restricted shares that vest 4 years after the 2/22/2018 grant date, 995 restricted shares that vest 4 years after the 2/23/2017 grant date, 1,341 restricted shares that vest 4 years after the 2/25/2016 grant date, and 2,291 restricted shares that vest 4 years after the 2/26/2015 grant date.
- F3The options become exercisable in three equal installments of 1/3 each year, beginning on the first anniversary of 2/21/2019.