FRANKLIN ELECTRIC CO INC — Director's Dealing 2021

May 21, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FRANKLIN ELECTRIC CO INC (FELE)
CIK: 0000038725
Period of Report: 2021-05-19

Reporting Person: Haines John J (Vice President and CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-05-19	common stock	M	2000	$24.10	Acquired	53179	Direct
2021-05-19	common stock	S	2000	$81.573	Disposed	51179	Direct
2021-05-20	common stock	M	2000	$24.10	Acquired	53179	Direct
2021-05-20	common stock	S	2000	$81.017	Disposed	51179	Direct
2021-05-21	common stock	M	2000	$24.10	Acquired	53179	Direct
2021-05-21	common stock	S	2000	$81.381	Disposed	51179	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-05-19	option	$24.1	M	2000	Disposed	2022-05-04	option (2000.0)	Direct
2021-05-20	option	$24.1	M	2000	Disposed	2022-05-04	option (2000.0)	Direct
2021-05-21	option	$24.1	M	2000	Disposed	2022-05-04	option (2000.0)	Direct

Footnotes

F1: Includes 1,212 shares sold to cover the stock option price and taxes.

F2: Includes 1,214 shares sold to cover the stock option price and taxes.

F3: Includes 1,213 shares sold to cover the stock option price and taxes.

F4: Includes 4,102 restricted stock units that vest 3 years after the 2/18/2021 grant date, 5,024 restricted stock units that vest 3 years after the 2/20/2020 grant date, 4,541 restricted stock units that vest 3 years after the 2/21/2019 grant date, 5,590 restricted stock units that vest 4 years after the 2/22/2018 grant date, and 31,922 shares owned outright.

F5: The options become exercisable in four equal installments of 1/4 each year, beginning on the first anniversary of the grant date.