MILLER THOMAS A 4
4 · FRANKLIN ELECTRIC CO INC · Filed Oct 30, 2006
Insider Transaction Report
Form 4
MILLER THOMAS A
Vice President
Transactions
- Sale
Common Stock
2006-10-27$54.00/sh−12,000$648,000→ 0 total - Exercise/Conversion
Common Stock
2006-10-27$19.64/sh+12,000$235,650→ 12,000 total - Exercise/Conversion
Option
2006-10-27$19.64/sh−12,000$235,650→ 6,000 totalExercise: $19.64Exp: 2011-12-13→ Common Stock (18,000 underlying)
Holdings
- 13,200
Option
Exercise: $29.95Exp: 2014-02-12→ Common Stock (7,200 underlying) - 28,000
Common Stock
- 6,613(indirect: ESOP)
Common Stock
- 18,650
Option
Exercise: $40.93Exp: 2015-02-10→ Common Stock (5,450 underlying) - 1,100
Common Stock
- 3,887(indirect: By 401(k))
Common Stock
- 21,650
Option
Exercise: $45.90Exp: 2016-02-17→ Common Stock (3,000 underlying)
Footnotes (6)
- [F1]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.
- [F2]These shares are held by the reporting person's spouse.
- [F3]Holdings within the Franklin Electric Directed Investment Salary Plan ("401k Plan") Trust. The information reported herein is based on a plan statement reporting September 30, 2006 holdings under the 401k Plan.
- [F4]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 September 30, 2006.
- [F5]The options become exercisable in five equal installments of 1/5 each year, beginning on the first anniversary of the grant date.
- [F6]The options become exercisable in four equal installments of 1/4 each year, beginning on the first anniversary of the grant date.