Delancey W. Davis - 24 Feb 2022 Form 4 Insider Report for FRANKLIN ELECTRIC CO INC (FELE)

Role: President, Headwater Companies
Signature: DeLancey W. Davis
Issuer symbol: FELE
Transactions as of: 24 Feb 2022
Net transactions value: +$211,150
Form type: 4
Filing time: 28 Feb 2022, 14:55:26 UTC
Previous filing: 23 Feb 2022
Next filing: 05 Apr 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FELE	common stock	Award	$0	+1,752	+17%	$0.000000	12,215	24 Feb 2022	Direct	F1
transaction	FELE	common stock	Sale	$262,298	-3,075	-25%	$85.30	9,140	25 Feb 2022	Direct	F2

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	option	Award	$473,448	+5,643		$83.90	5,643	24 Feb 2022	common stock	5,643	$83.90	Direct	F3

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

Explanation of Responses:

Id	Content
F1	Restricted stock units vest 3 years after the 2/24/2022 grant date.
F2	Includes 1,752 restricted stock units that vest 3 years after the 2/24/2022 grant date, 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, and 3,274 shares owned outright.
F3	The options become exercisable in three equal installments of 1/3 each year, beginning on the first anniversary of 2/24/2022.