FRANKLIN ELECTRIC CO INC — Director's Dealing 2021

May 14, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FRANKLIN ELECTRIC CO INC (FELE)
CIK: 0000038725
Period of Report: 2021-05-13

Reporting Person: Grizzle Victor (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-05-13	stock units	$	A	2530.48	Acquired		common stock (2530.48)	Direct

Footnotes

F1: Pursuant to terms of the Nonemployee Directors' Deferred Compensation Plan approved by the Board of Directors on February 11, 2000 and amended and restated on May 6, 2020, Mr. Grizzle elected to receive his 2021 Board of Directors retainer, annual stock award, and committee chair fees in Franklin Electric Co., Inc. common stock, issuance of such shares deferred until 2023, to be paid in a lump sum. On May 13, 2021, Mr. Grizzle was credited with 862.67 Stock Units for the annual retainer, 1,495.28 Stock Units for the annual stock award, and 172.53 Stock Units for committee chair fees. At distribution, Mr. Grizzle may elect pursuant to the terms of the Plan to receive his deferred compensation either in shares of Franklin common stock or in cash.