BROWN DAVID T. - 07 May 2021 Form 4 Insider Report for FRANKLIN ELECTRIC CO INC (FELE)

Role: Director
Signature: Jonathan M. Grandon, power of attorney for David T. Brown
Issuer symbol: FELE
Transactions as of: 07 May 2021
Net transactions value: $0
Form type: 4
Filing time: 10 May 2021, 16:26:49 UTC
Next filing: 24 May 2021
SEC: View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	FELE	stock units	Other	$0	-75,223	-97%	$0.000000	2,549	07 May 2021	common stock	75,223		Trustee and beneficiary of revocable trust	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

BROWN DAVID T. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id	Content
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. Brown elected to receive his 2008-2016 Board of Directors retainer, meeting fees and stock award in Franklin Electric Co., Inc. common stock, and in 2017-2020 his stock award in Franklin Electric Co., Inc, issuance of such shares deferred until he retires, leaves the Board of Directors, or has elected to receive such payment per the terms of the Plan (e.g. Stock Units). On May 7, 2021, Mr. Brown has retired from the board and has elected to receive his deferred compensation in cash.

Content

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. Brown elected to receive his 2008-2016 Board of Directors retainer, meeting fees and stock award in Franklin Electric Co., Inc. common stock, and in 2017-2020 his stock award in Franklin Electric Co., Inc, issuance of such shares deferred until he retires, leaves the Board of Directors, or has elected to receive such payment per the terms of the Plan (e.g. Stock Units). On May 7, 2021, Mr. Brown has retired from the board and has elected to receive his deferred compensation in cash.