FRANKLIN ELECTRIC CO INC 4
4 · FRANKLIN ELECTRIC CO INC · Filed Feb 7, 2007
Insider Transaction Report
Form 4
NEVINS KIRK M
Vice President
Transactions
- Sale
Common Stock
2007-02-06$50.00/sh−1,600$80,001→ 500 total - Sale
Common Stock
2007-02-06$50.01/sh−300$15,003→ 200 total - Sale
Common Stock
2007-02-06$50.01/sh−200$10,002→ 0 total - Exercise/Conversion
Option
2007-02-06$19.64/sh−6,000$117,825→ 0 totalExercise: $19.64Exp: 2011-12-13→ Common Stock (6,000 underlying) - Exercise/Conversion
Common Stock
2007-02-06$19.64/sh+6,000$117,825→ 6,000 total - Sale
Common Stock
2007-02-06$50.00/sh−3,900$195,000→ 2,100 total
Holdings
- 3,843(indirect: ESOP)
Common Stock
- 4,862(indirect: By 401(k))
Common Stock
- 4,320
Option
Exercise: $29.95Exp: 2014-02-12→ Common Stock (4,320 underlying) - 8,470
Option
Exercise: $40.93Exp: 2015-02-10→ Common Stock (4,150 underlying) - 3,400
Common Stock
- 950
Common Stock
- 11,070
Option
Exercise: $45.90Exp: 2016-02-17→ Common Stock (2,600 underlying)
Footnotes (5)
- [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]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, 2006 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, 2006.
- [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.