Filing Details

Accession Number:
0000038725-11-000108
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-11-08 17:07:19
Reporting Period:
2011-11-04
Filing Date:
2011-11-08
Accepted Time:
2011-11-08 17:07:19
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
1210705 Scott R Trumbull Franklin Electric Co., Inc.
400 E Spring Street
Bluffton IN 46714
Chairman And Ceo Yes 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 2011-11-04 56,311 $48.69 24,119 No 4 F Direct
Common Stock Disposition 2011-11-04 24,119 $48.69 0 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 F Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock option Disposition 2011-11-04 80,430 $0.00 80,430 $24.01
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2013-01-01 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 12,500 Direct
Common Stock 13,564 Direct
Common Stock 1,814 Direct
Common Stock 164,657 Direct
Common Stock 2,711 Indirect 401K
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock option $29.95 2014-02-12 60,800 60,800 Direct
Common Stock option $40.93 2015-02-10 30,200 91,000 Direct
Common Stock option $45.90 2016-02-17 18,500 109,500 Direct
Common Stock option $48.87 2017-02-09 14,500 124,000 Direct
Common Stock option $32.19 2018-02-28 57,300 181,300 Direct
Common Stock option $17.34 2019-03-05 100,000 281,300 Direct
Common Stock option $28.82 2020-02-22 39,900 321,200 Direct
Common Stock option $43.43 2021-03-02 43,096 364,296 Direct
Common Stock stock units $0.00 1,972 1,972 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2014-02-12 60,800 60,800 Direct
2015-02-10 30,200 91,000 Direct
2016-02-17 18,500 109,500 Direct
2017-02-09 14,500 124,000 Direct
2018-02-28 57,300 181,300 Direct
2019-03-05 100,000 281,300 Direct
2020-02-22 39,900 321,200 Direct
2021-03-02 43,096 364,296 Direct
1,972 1,972 Direct
Footnotes
  1. 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, 2010.
  2. Shares vest at the end of 4 years.
  3. Awards vest in 3 equal installments of 1/3 each year, beginning on the first anniversary of the grant date.
  4. Options become exercisable in five equal installments of 1/5 each year, beginning on the first anniversary of the grant date.
  5. The options become exercisable in four equal installments of 1/4 each year, beginning on the first anniversary of the grant date.
  6. 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 April 28, 2006, Mr. Trumbull elected to receive his 2009 board of directors retainer in Franklin Electric Co., Inc. common stock, issuance of such shares deferred until he retires or otherwise leaves the board of directors (e.g. Stock Units). At distribution, Mr. Trumbull may elect pursuant to the terms of the Plan to receive his deferred compensation either in shares of Franklin common stock or in cash.