4//SEC Filing
FRANKLIN ELECTRIC CO INC 4
Accession 0000038725-15-000014
$FELECIK 0000038725operating
Filed
Feb 22, 7:00 PM ET
Accepted
Feb 23, 7:21 AM ET
Size
5.7 KB
Accession
0000038725-15-000014
Insider Transaction Report
Form 4
YOUNG THOMAS L
Director
Transactions
- Award
stock units
2015-02-19$34.99/sh+7.18$251→ 2,798.91 total→ common stock (7.18 underlying)
Footnotes (1)
- [F1]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. Young elected to receive his 2014 Board of Directors stock award in Franklin Electric Co., Inc. common stock, issuance of shares deferred until he retires or otherwise leaves the Board of Directors (e.g. Stock Units). On February 19, 2015, Mr. Young was credited with 7.18 Stock Units for dividends that would have been paid on such deferred shares. At distribution, Mr. Young may elect pursuant to the terms of the Plan to receive his deferred compensation either in shares of Franklin common stock or in cash.
Documents
Issuer
FRANKLIN ELECTRIC CO INC
CIK 0000038725
Entity typeoperating
IncorporatedIN
Related Parties
1- filerCIK 0000038725
Filing Metadata
- Form type
- 4
- Filed
- Feb 22, 7:00 PM ET
- Accepted
- Feb 23, 7:21 AM ET
- Size
- 5.7 KB