Form Type: 4

SEC EDGAR Link
Accession Number:0000038725-20-000171
Date:2020-07-30
Issuer: FRANKLIN ELECTRIC CO INC (FELE)
Original Submission Date:

Reporting Person:

SENGSTACK GREGG C
FRANKLIN ELECTRIC CO INC
9255 COVERDALE ROAD FORT WAYNE, IN 46809

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON STOCK 2020-07-30 M 21,460 a $21.72 483,244 direct
COMMON STOCK 2020-07-30 F 14,031 d $56.98 469,213 direct
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
OPTION 21.72 2020-07-30 deemed execution date M 21,460 (d) 2021-03-02 common stock 21,460 $21.72 0 direct
Footnotes
IDfootnote
f1 includes 16,580 restricted stock units that vest 3 years from the 2/20/2020 grant date, 16,316 restricted stock units that vest 3 years from the 2/21/2019 grant date, 20,497 restricted stock units that vest 4 years from the 2/22/2018 grant date, 15,349 restricted stock units that vest 4 years from the 2/24/2017 grant date, and 400,471 owned outright.
f2 the options become exercisable in four equal installments of 1/4 each year, beginning on the first anniversary of the grant date.
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