Grandon Jonathan M. 4
4 · FRANKLIN ELECTRIC CO INC · Filed Feb 26, 2024
Insider Transaction Report
Form 4
Grandon Jonathan M.
Chief Administrative Officer
Transactions
- Award
common stock
2024-02-22+1,715→ 17,275 total - Award
option
2024-02-22$98.37/sh+4,736$465,880→ 4,736 totalExercise: $98.37Exp: 2034-02-22→ common stock (4,736 underlying)
Footnotes (3)
- [F1]Restricted shares vest 3 years after the 2/22/2024 grant date.
- [F2]Includes 1,715 restricted shares that vest on 2/22/2027, 1,555 restricted shares that vest on 2/16/2026, 1,895 restricted shares that vest on 2/24/2025, and 12,110 shares owned outright.
- [F3]The options become exercisable in three equal installments of 1/3 each year, beginning on the first anniversary of 2/22/2024.