WARD GARY 4
4 · FRANKLIN ELECTRIC CO INC · Filed Feb 14, 2005
Insider Transaction Report
Form 4
WARD GARY
Vice President
Transactions
- Award
Option
[F5]2005-02-10$40.93/sh+5,450$223,069→ 63,250 totalExercise: $40.93Exp: 2015-02-10→ Common Stock (5,450 underlying)
Holdings
- 6,000
Common Stock
[F1] - 348(indirect: 401 (k))
Common Stock
[F1][F2] - 4,973(indirect: ESOP)
Common Stock
[F1][F3] - 30,000
Option
[F1][F4]Exercise: $16.13Exp: 2010-07-28→ Common Stock (30,000 underlying) - 42,000
Option
[F1][F4]Exercise: $19.64Exp: 2011-12-13→ Common Stock (12,000 underlying) - 52,000
Option
[F1][F4]Exercise: $24.07Exp: 2012-12-13→ Common Stock (10,000 underlying) - 57,800
Option
[F1][F4]Exercise: $29.95Exp: 2014-02-12→ Common Stock (5,800 underlying)
Footnotes (5)
- [F1]Information about securities and derivative securities share amounts and prices presented in the attached Form 4 reflect the impact of a two-for-one stock split. The stock split was effected in the form of a 100% stock distribution of one additional share of Franklin Electric Co., Inc. Stock for each share of Common Stock held of record on May 28, 2004. The additional shares were distributed on June 15, 2004.
- [F2]Holdings within the Franklin Electric Directed Investment Salary Plan ("401k Plan") Trust. The information reported herein is based on a plan statement reporting December 31, 2004 holdings under the 401k Plan.
- [F3]Allocation of shares under the Franklin Electric Co., Inc. Employee Stock Ownership Plan ("ESOP") Trust. The information reported herein was provided by the trustee for holdings as of December 31, 2004.
- [F4]The options become exercisable in five equal installments of 1/5 each year, beginning on the first anniversary of the grant date.
- [F5]The options become exercisable in four equal installments of 1/4 each year, beginning on the first anniversary of the grant date.
Signature
Gary Ward|2005-02-14