The Klein four-group is the direct product of two symmetric groups $S_2\times S_2$ with elements (here given in terms of cycles)
$$(1)(2)(3)(4),~(12)(34),~(13)(24),~(14)(23)$$
These cycles can be interpreted in terms of the individual permutation groups in $S_2\times S_2$ as an action of an operator $p$ that permutes pairs of elements:
$$(1)(2)(3)(4)=1\times 1~~~\text{ identity}\\(12)(34)=p\times 1~~~\text{exchange pairs }[1,3]\leftrightarrow[2,4]\\(13)(24)=1\times p~~~\text{exchange pairs }[1,2]\leftrightarrow[3,4]\\(14)(23)=p\times p~~~\text{exchange pairs }[1,3]\leftrightarrow[2,4]\text{ and then }[1,2]\leftrightarrow[3,4]$$
Now consider the generalization to $S_n\times S_m$ for some integer $n,m>1$ where the $S_n$ permutes collections of $m$ elements and the $S_m$ permutes collections of $n$ elements as demonstrated in the $n=m=2$ case above. Does this generalized group have a name? Has it been studied in the past? It might be a long shot, but is the cycle index polynomial for this group known?