Filing Details

Accession Number:
0000038725-11-000004
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-02-24 14:05:00
Reporting Period:
2011-02-22
Filing Date:
2011-02-24
Accepted Time:
2011-02-24 14:05:00
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
38725 Franklin Electric Co Inc FELE Motors & Generators (3621) 350827455
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1210705 Scott R Trumbull Franklin Electric Co., Inc.
400 E Spring Street
Bluffton IN 46714
Chairman And Ceo No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2011-02-22 627 $42.34 163,863 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 2,711 Indirect 401(K)
Common Stock 12,500 Direct
Common Stock 9,400 Direct
Common Stock 1,814 Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock option $24.98 2012-04-19 20,000 20,000 Direct
Common Stock option $24.01 2013-01-01 80,430 100,430 Direct
Common Stock option $29.95 2014-02-13 60,800 161,230 Direct
Common Stock option $40.93 2015-02-10 30,200 191,430 Direct
Common Stock option $45.90 2016-02-17 18,500 209,930 Direct
Common Stock option $48.87 2017-02-09 14,500 224,430 Direct
Common Stock option $32.19 2018-02-28 57,300 281,730 Direct
Common Stock option $17.34 2019-03-05 100,000 381,730 Direct
Common Stock option $28.82 2020-02-22 39,900 421,630 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2012-04-19 20,000 20,000 Direct
2013-01-01 80,430 100,430 Direct
2014-02-13 60,800 161,230 Direct
2015-02-10 30,200 191,430 Direct
2016-02-17 18,500 209,930 Direct
2017-02-09 14,500 224,430 Direct
2018-02-28 57,300 281,730 Direct
2019-03-05 100,000 381,730 Direct
2020-02-22 39,900 421,630 Direct
Footnotes
  1. Holdings within the Franklin Electric Co., Inc. Directed Investment Salary Plan Trust. The information reported herein is based on a plan statement as of December 31, 2010.
  2. The shares vest at the end of four years.
  3. 907 RSA shares vested, used 280 shares to cover income taxes
  4. These shares are performance shares that will vest in 2011 based on performance criteria metrics. Peer criteria is expected in April 2011.
  5. The awards were a special grant that vest in three equal installments of 1/3 each year, beginning on the first anniversary of the grant date.
  6. The options become exercisable in three equal installments of 1/3 each year, beginning on the first anniversary of the grant date.
  7. The options become exercisable in five equal installments of 1/5 each year, beginning on the first anniversary of the grant date.
  8. The options become exercisable in four equal installments of 1/4 each year, beginning on the first anniversary of the grant date.