FRANKLIN ELECTRIC CO INC — Director's Dealing 2021

Feb 26, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FRANKLIN ELECTRIC CO INC (FELE)
CIK: 0000038725
Period of Report: 2021-02-23

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-23	common stock	A	2858	$75.06	Acquired	15643	Direct
2021-02-23	common stock	F	1250	$75.06	Disposed	14393	Direct
2021-02-23	common stock	M	3284	$42.20	Acquired	17677	Direct
2021-02-23	common stock	M	3633	$40.25	Acquired	21310	Direct
2021-02-23	common stock	M	3630	$55.16	Acquired	24940	Direct
2021-02-23	common stock	M	3710	$59.71	Acquired	28650	Direct
2021-02-23	common stock	S	14257	$74.621	Disposed	14393	Direct
2021-02-25	common stock	S	1608	$76.2149	Disposed	12785	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-02-23	option	$42.2	M	3284	Disposed	2027-02-23	common stock (3284.0)	Direct
2021-02-23	option	$40.25	M	3633	Disposed	2028-02-22	common stock (3633.0)	Direct
2021-02-23	option	$55.16	M	3630	Disposed	2029-02-21	common stock (3630.0)	Direct
2021-02-23	option	$59.71	M	3710	Disposed	2030-02-20	common stock (3710.0)	Direct

Footnotes

F1: Vest of restricted stock units.

F2: Includes 1,928 restricted stock units that vest 3 years after the 2/18/2021 grant date, 2,186 restricted stock units that vest 3 years after the 2/20/2020 grant date, 2,311 restricted stock units that vest 3 years after the 2/21/2019 grant date, 3,086 restricted stock units that vest 4 years after the 2/22/2018 grant date, and 3,274 shares owned outright.

F3: The options became exercisable in four equal installments of 1/4 each year, beginning on the first anniversary of the grant date.

F4: The options become exercisable in three equal installments of 1/3 each year, beginning on the first anniversary of the grant date.