Form 4/A for FELE FRANKLIN ELECTRIC CO INC
Accepted 2023-05-09 00:00:00 ET · period of report 2023-05-04 · accession 0000038725-23-000100 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DA | 2023-05-09 | 2023-05-06 | FELE | Villavarayan Chris | Dir | M - OptEx | $95.31 | +1,246 | 3,084 | +68% | +$118.7K |
| DA | 2023-05-09 | 2023-05-06 | FELE | Villavarayan Chris | Dir | J - Other | $95.31 | -0.87 | 3,083 | -0.0% | -$82.92 |
| DA | 2023-05-09 | 2023-05-06 | FELE | Villavarayan Chris | Dir | M - OptEx | $0.00 | -1,246 | 2,386 | -34% | $0 |
| DA | 2023-05-09 | 2023-05-04 | FELE | Villavarayan Chris | Dir | A - Grant | $93.69 | +2,386 | 3,631 | +191% | +$223.5K |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | common stock | 2023-05-06 | M | A | 1,245.87 | $95.31 | 3,083.87 | D | — | — | |
| 2 | Common | common stock | 2023-05-06 | J | D | 0.87 | $95.31 | 3,083 | D | — | — | (F1) Partial shares paid out in cash. (F2) Includes 3,083 shares owned outright. |
| 3 | Derivative | stock units | 2023-05-06 | M | D | 1,245.87 | $0.00 | 2,385.53 | D | — · — to — | 1,245.87 common stock | (F4) Pursuant to terms of the Nonemployee Directors' Deferred Compensation Plan approved by the Board of Directors on February 11, 2000 and amended and restated on May 6, 2020, Mr. Villavarayan has elected to receive his deferred compensation in shares of Franklin common stock. The deferred compensation was for his 2022 Board of Directors retainer, stock award and committee member fees in Franklin Electric Co., Inc. common stock and dividends received on such shares. |
| 4 | Derivative | stock units | 2023-05-04 | A | A | 2,385.53 | $93.69 | 3,631.40 | D | — · — to — | 2,385.53 common stock | (F3) Pursuant to terms of the Nonemployee Directors' Deferred Compensation Plan approved by the Board of Directors on February 11, 2000 and amended and restated on May 6, 2020, Mr. Villavarayan elected to receive his 2023 Board of Directors retainer, annual stock award, and committee member fees in Franklin Electric Co., Inc. common stock, issuance of such shares deferred until he retires, otherwise leaves the Board of Directors, or has elected to receive such payment per the terms of the Plan. On May 4, 2023, Mr. Villavarayan was credited with 800.51 Stock Units for the annual retainer, 1,387.55 Stock Units for the annual stock award and 197.47 Stock Units for committee member fees. At distribution, Mr. Villavarayan may elect pursuant to the terms of the Plan to receive his deferred compensation either in shares of Franklin common stock or in cash. |