0000038725-24-000054.txt : 20240226
0000038725-24-000054.hdr.sgml : 20240226
20240226202411
ACCESSION NUMBER: 0000038725-24-000054
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240222
FILED AS OF DATE: 20240226
DATE AS OF CHANGE: 20240226
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: SENGSTACK GREGG C
CENTRAL INDEX KEY: 0001189242
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-00362
FILM NUMBER: 24681456
MAIL ADDRESS:
STREET 1: FRANKLIN ELECTRIC CO INC
STREET 2: 9255 COVERDALE RD
CITY: FORT WAYNE
STATE: IN
ZIP: 46809
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: FRANKLIN ELECTRIC CO INC
CENTRAL INDEX KEY: 0000038725
STANDARD INDUSTRIAL CLASSIFICATION: MOTORS & GENERATORS [3621]
ORGANIZATION NAME: 04 Manufacturing
IRS NUMBER: 350827455
STATE OF INCORPORATION: IN
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 9255 COVERDALE ROAD
CITY: FORT WAYNE
STATE: IN
ZIP: 46809
BUSINESS PHONE: 2608242900
MAIL ADDRESS:
STREET 1: 9255 COVERDALE ROAD
CITY: FORT WAYNE
STATE: IN
ZIP: 46809
4
1
wk-form4_1708997039.xml
FORM 4
X0508
4
2024-02-22
0
0000038725
FRANKLIN ELECTRIC CO INC
FELE
0001189242
SENGSTACK GREGG C
FRANKLIN ELECTRIC CO INC
9255 COVERDALE ROAD
FORT WAYNE
IN
46809
0
1
0
0
Chairperson and CEO
0
common stock
2024-02-22
4
A
0
11436
0
A
165359
D
common stock
2024-02-26
4
S
0
10366
99.9577
D
154993
D
common stock
160000
I
By Reporting Person's Trust
common stock
115000
I
By Spouse's Trust
common stock
10532
I
By Sengstack Family Foundation
option
98.37
2024-02-22
4
A
0
31575
98.37
A
2034-02-22
common stock
31575
31575
D
Restricted stock units vest 3 years after the 2/22/2024 grant date.
Includes 11,436 restricted stock units that vest on 2/22/2027, 11,069 restricted stock units that vest on 2/16/2026, 14,303 restricted stock units that vest on 2/24/2025, and 118,185 shares owned outright.
Represents shares held of record by the Gregg Sengstack 2020 Dynasty Trust, for which the reporting person's spouse is the trustee and over which the reporting person does not have sole voting and investment power.
Represents shares held of record by the Dianne Sengstack 2020 Dynasty Trust, for which the reporting person is the trustee and over which the reporting person has sole voting and investment power.
Represents shares held of record by the Sengstack Family Foundation, for which the reporting person is the president and over which the reporting person has sole voting and dispositive power.
The options become exercisable in three equal installments of 1/3 each year, beginning on the first anniversary of 2/22/2024.
Gregg C Sengstack
2024-02-26