Filing Details

Accession Number:
0000038725-10-000105
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-11-09 14:11:36
Reporting Period:
2010-11-08
Filing Date:
2010-11-09
Accepted Time:
2010-11-09 14:11:36
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
38725 Franklin Electric Co Inc FELE Motors & Generators (3621) 350827455
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1230024 J Robert Stone Franklin Electric Co., Inc.
400 E Spring Street
Bluffton IN 46714
Sr. Vice President No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2010-11-08 4,426 $36.00 35,065 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 5,255 Indirect ESOP
Common Stock 6,743 Indirect 401K
Common Stock 10,000 Direct
Common Stock 3,700 Direct
Common Stock 4,000 Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock option $29.95 2004-02-12 7,200 7,200 Direct
Common Stock option $40.93 2015-02-10 5,450 12,650 Direct
Common Stock option $45.90 2016-02-17 3,900 16,550 Direct
Common Stock option $48.87 2017-02-09 3,600 20,150 Direct
Common Stock option $32.19 2018-02-28 15,300 35,450 Direct
Common Stock option $17.34 2019-03-05 31,724 67,174 Direct
Common Stock option $28.82 2020-02-22 12,800 79,974 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2004-02-12 7,200 7,200 Direct
2015-02-10 5,450 12,650 Direct
2016-02-17 3,900 16,550 Direct
2017-02-09 3,600 20,150 Direct
2018-02-28 15,300 35,450 Direct
2019-03-05 31,724 67,174 Direct
2020-02-22 12,800 79,974 Direct
Footnotes
  1. Allocation of shares under the Franklin Electric Co., Inc. Employee Stock Ownership Plan Trust. The information reported herein was provided by the trustee for holdings as of December 31, 2009.
  2. Holdings within the Franklin Electric Co., Inc. Directed Investment Salary Plan Trust. The information reported herein is based on a plan statement as of December 31, 2009.
  3. The shares vest at the end of five years subject to the performance of certain goals. If these goals are not attained, the shares will be forfeited.
  4. The shares vest at the end of four years subject to the performance of certain goals. If these goals are not attained, the shares will be forfeited.
  5. The shares vest at the end of four years.
  6. The options become exercisable in five equal installments of 1/5 each year, beginning on the first anniversary of the grant date.
  7. The options become exercisable in four equal installments of 1/4 each year, beginning on the first anniversary of the grant date.