FRANKLIN ELECTRIC CO INC 4
4 · FRANKLIN ELECTRIC CO INC · Filed Feb 27, 2017
Insider Transaction Report
Form 4
CROSE DANIEL J
Vice President
Transactions
- Award
common stock
2017-02-23+1,813→ 53,890 total - Award
option
2017-02-23$42.20/sh+8,335$351,737→ 8,335 totalExercise: $42.20Exp: 2027-02-23→ common stock (8,335 underlying)
Footnotes (3)
- [F1]Restricted stock units vest 4 years after the 2/23/2017 grant date
- [F2]Includes 1,813 restricted stock units that vest 4 years after the 2/23/2017 grant date, 2,553 restricted stock units that vest 4 years after the 2/25/2016 grant date, 1,963 restricted stock units that vest 4 years after the 2/26/2015 grant date, 1,629 restricted stock units that vest 4 years after the 3/4/2014 grant date, 2,102 restricted stock units that vest 4 years after the 3/6/2013 grant date and 43,830 shares owned outright.
- [F3]The options become exercisable in four equal installments of 1/4 each year, beginning on the first anniversary of the 2/23/2017 grant date.