Filing Details
- Accession Number:
- 0000038725-24-000054
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-02-26 20:24:11
- Reporting Period:
- 2024-02-22
- Accepted Time:
- 2024-02-26 20:24:11
- 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 |
|---|---|---|---|---|---|---|---|
| 1189242 | C Gregg Sengstack | Franklin Electric Co Inc 9255 Coverdale Road Fort Wayne IN 46809 | Chairperson And Ceo | 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 | Acquisiton | 2024-02-22 | 11,436 | $0.00 | 165,359 | No | 4 | A | Direct | |
| Common Stock | Disposition | 2024-02-26 | 10,366 | $99.96 | 154,993 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | A | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | option | Acquisiton | 2024-02-22 | 31,575 | $98.37 | 31,575 | $98.37 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 31,575 | 2034-02-22 | No | 4 | A | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 160,000 | Indirect | By Reporting Person's Trust |
| Common Stock | 115,000 | Indirect | By Spouse's Trust |
| Common Stock | 10,532 | Indirect | By Sengstack Family Foundation |
Footnotes
- Restricted stock units vest 3 years after the 2/22/2024 grant date.
- Includes 11,436 restricted stock units that vest on 2/22/2027, 11,069 restricted stock units that vest on 2/16/2026, 14,303 restricted stock units that vest on 2/24/2025, and 118,185 shares owned outright.
- Represents shares held of record by the Gregg Sengstack 2020 Dynasty Trust, for which the reporting person's spouse is the trustee and over which the reporting person does not have sole voting and investment power.
- Represents shares held of record by the Dianne Sengstack 2020 Dynasty Trust, for which the reporting person is the trustee and over which the reporting person has sole voting and investment power.
- Represents shares held of record by the Sengstack Family Foundation, for which the reporting person is the president and over which the reporting person has sole voting and dispositive power.
- The options become exercisable in three equal installments of 1/3 each year, beginning on the first anniversary of 2/22/2024.
Billionaire Hedge Funds
