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: SHERMAN JENNIFER L (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-05-13	stock units	$	A	2599.49	Acquired		common stock (2599.49)	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, Ms. Sherman elected to receive her 2021 Board of Directors retainer, stock award, and committee chair/member fees in Franklin Electric Co., Inc. common stock, issuance of such shares deferred until January 1 of the year following Ms. Sherman's departure from the Board, to be paid in a series of five annual installments. On May 13, 2021, Ms. Sherman was credited with 862.66 Stock Units for the annual retainer, 1,495.28 Stock Units for the annual stock award, and 241.55 Stock Units for committee chair/member fees. At distribution, Ms. Sherman may elect pursuant to the terms of the Plan to receive her deferred compensation either in shares of Franklin common stock or in cash.