FRANKLIN ELECTRIC CO INC — Director's Dealing 2021

Feb 23, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FRANKLIN ELECTRIC CO INC (FELE)
CIK: 0000038725
Period of Report: 2021-02-18

Reporting Person: SENGSTACK GREGG C (Chairperson and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-18	common stock	A	13946	—	Acquired	198775	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-02-18	option	$73.14	A	62673	Acquired	2031-02-18	common stock (62673.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
common stock	160000	Indirect
common stock	115000	Indirect

Footnotes

F1: Restricted stock units vest 3 years after the 2/18/2021 grant date.

F2: Includes 13,946 restricted stock units that vest 3 years from the 2/18/2021 grant date, 16,580 restricted stock units that vest 3 years from the 2/20/2020 grant date, 16,316 restricted stock units that vest 3 years from the 2/21/2019 grant date, 20,497 restricted stock units that vest 4 years from the 2/22/2018 grant date, 15,349 restricted stock units that vest 4 years from the 2/24/2017 grant date, and 116,087 owned outright.

F3: Represents shares held of record by the Gregg Sengstack 2020 Dynasty Trust, for which the reporting person's spouse is the trustee and over which the reporting person does not have sole voting and investment power.

F4: Represents shares held of record by the Dianne Sengstack 2020 Dynasty Trust, for which the reporting person is the trustee and over which the reporting person has sole voting and investment power.

F5: The options become exercisable in three equal installments of 1/3 each year, beginning on the first anniversary of 2/18/2021.