4//SEC Filing
VERHAGE THOMAS R 4
Accession 0000038725-24-000084
CIK 0000038725other
Filed
May 2, 8:00 PM ET
Accepted
May 3, 3:21 PM ET
Size
5.9 KB
Accession
0000038725-24-000084
Insider Transaction Report
Form 4
VERHAGE THOMAS R
Director
Transactions
- Award
stock units
2024-05-02$98.72/sh+2,415.92$238,500→ 60,317.6 total→ common stock (2,415.92 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 May 6, 2020, Mr. VerHage elected to receive his 2024 Board of Directors retainer, stock award, and committee member fees in Franklin Electric Co., Inc. common stock, issuance of such shares deferred until January 3, 2028, to be paid in a series of four annual installments. On May 2, 2024, Mr. VerHage was credited with 861.02 Stock Units for the annual retainer, 1,367.50 Stock Units for the annual stock award, and 187.40 Stock Units for committee member fees. At distribution, Mr. VerHage 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 typeother
Related Parties
1- filerCIK 0001282228
Filing Metadata
- Form type
- 4
- Filed
- May 2, 8:00 PM ET
- Accepted
- May 3, 3:21 PM ET
- Size
- 5.9 KB