4//SEC Filing
FRANKLIN ELECTRIC CO INC 4
Accession 0000038725-16-000247
$FELECIK 0000038725operating
Filed
Feb 18, 7:00 PM ET
Accepted
Feb 19, 3:13 PM ET
Size
5.8 KB
Accession
0000038725-16-000247
Insider Transaction Report
Form 4
YOUNG THOMAS L
Director
Transactions
- Award
stock units
2016-02-18$28.67/sh+19.71$565→ 5,814.87 total→ common stock (19.71 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, 2066, 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 February 18, 2016, Mr. Young was credited with 19.71 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 18, 7:00 PM ET
- Accepted
- Feb 19, 3:13 PM ET
- Size
- 5.8 KB