FRANKLIN ELECTRIC CO INC 4
4 · FRANKLIN ELECTRIC CO INC · Filed May 3, 2010
Insider Transaction Report
Form 4
WITT HOWARD B
Director
Transactions
- Award
common stock
2010-04-30$34.99/sh+2,286$79,987→ 11,298 total
Holdings
- 20,000
option
Exercise: $24.98Exp: 2012-04-19→ common stock (20,000 underlying) - 36,000
option
Exercise: $32.51Exp: 2014-05-05→ common stock (8,000 underlying) - 12,500(indirect: GRAT)
common stock
- 28,000
option
Exercise: $25.23Exp: 2013-04-25→ common stock (8,000 underlying)
Footnotes (3)
- [F1]These shares are held by the reporting person's Grantor Retained Annuity Trust
- [F2]The options become exercisable in three equal installments of 1/3 each year, beginning on the first anniversary of the grant date.
- [F3]These vested immediately upon grant.