4//SEC Filing
FRANKLIN ELECTRIC CO INC 4
Accession 0000038725-15-000135
$FELECIK 0000038725operating
Filed
May 28, 8:00 PM ET
Accepted
May 29, 3:52 PM ET
Size
5.7 KB
Accession
0000038725-15-000135
Insider Transaction Report
Form 4
YOUNG THOMAS L
Director
Transactions
- Award
stock units
2015-05-28$35.56/sh+15.75$560→ 5,758.31 total→ common stock (15.75 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 7 2006, Mr. Young elected to receive his 2014-2015 Board of Directors stock awards 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 May 28, 2015, Mr. Young was credited with 15.75 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
- May 28, 8:00 PM ET
- Accepted
- May 29, 3:52 PM ET
- Size
- 5.7 KB