FRANKLIN ELECTRIC CO INC — Director's Dealing 2018

May 29, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FRANKLIN ELECTRIC CO INC (FELE)
CIK: 0000038725
Period of Report: 2018-05-24

Reporting Person: davis delancey w (President, Headwater Companies)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-05-24	common stock	M	9738	$43.27	Acquired	26071	Direct
2018-05-24	common stock	M	3285	$42.20	Acquired	29356	Direct
2018-05-24	common stock	F	12365	$46.45	Disposed	16991	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-05-24	option	$43.27	M	9738	Acquired	2024-03-04	common stock (9738.0)	Direct
2018-05-24	option	$42.2	M	3285	Acquired	2027-02-23	common stock (3285.0)	Direct

Footnotes

F1: Includes 3,086 restricted stock units that vest 4 years after the 2/22/2018 grant date, 2,858 restricted stock units that vest 4 years after the 2/23/2017 grantdate, 4,023 restricted shares that vest 4 years after the 2/25/2016 grant date, 3,092 restricted shares that vest 4 years after the 2/26/2015 grant date, and 3,932 shares owned outright

F2: The options become exercisable in four equal installments of 1/4 each year, beginning on the first anniversary of the grant date.