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: VERHAGE THOMAS R (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-05-13	stock units	$	A	2754.77	Acquired		common stock (2754.77)	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. VerHage elected to receive his 2021 Board of Directors retainer, stock award, lead independent director fee, and committee member fees in Franklin Electric Co., Inc. common stock, issuance of such shares deferred until January 2, 2024, to be paid in a series of seven annual installments. On May 13, 2021, Mr. VerHage was credited with 862.66 Stock Units for the annual retainer, 1,495.28 Stock Units for the annual stock award, 258.80 Stock Units for the Lead Independent Director fees, and 138.03 Stock Units for committee member fees. At distribution, Mr. VerHage may elect pursuant to the terms of the Plan to receive his deferred compensation either in shares of Franklin common stock or in cash.