VERHAGE THOMAS R 4
4 · FRANKLIN ELECTRIC CO INC · Filed Jan 3, 2025
Insider Transaction Report
Form 4
VERHAGE THOMAS R
Director
Transactions
- Other
common stock
2025-01-02$95.88/sh−0.35$34→ 902 total - Exercise/Conversion
common stock
2025-01-02$95.88/sh+902.35$86,517→ 902.35 total - Exercise/Conversion
stock units
2025-01-02−902.35→ 59,859.36 total→ common stock (902.35 underlying)
Footnotes (3)
- [F1]Partial share paid out in cash.
- [F2]Includes 902 shares owned outright.
- [F3]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 deferred compensation in shares of Franklin common stock. The deferred compensation was for a portion of his 2021 and 2022 Board of Director retainer, stock award, committee member fees, and lead independent director fees in Franklin Electric Co., Inc. common stock and dividends received on such shares.