Brent L. Spikes - 05 May 2022 Form 3 Insider Report for FRANKLIN ELECTRIC CO INC (FELE)

Role: VP, Global Manufacturing Ops
Signature: Brent L. Spikes
Issuer symbol: FELE
Transactions as of: 05 May 2022
Net transactions value: $0
Form type: 3
Filing time: 09 May 2022, 17:13:53 UTC
Next filing: 21 Feb 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	FELE	common stock						4,286	05 May 2022	Direct	F1
holding	FELE	common stock						4,209	05 May 2022	401(k) Shares

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
holding	FELE	option							05 May 2022	common stock	965	$40.25	Direct	F2
holding	FELE	option							05 May 2022	common stock	769	$55.16	Direct	F3
holding	FELE	option							05 May 2022	common stock	960	$59.71	Direct	F3
holding	FELE	option							05 May 2022	common stock	737	$73.14	Direct	F3
holding	FELE	option							05 May 2022	common stock	653	$83.90	Direct	F3

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

Explanation of Responses:

Id	Content
F1	Includes 1,005 restricted shares that vest on 2/20/2023, 875 restricted shares that vest on 2/18/2024, 810 restricted shares that vest on 2/24/2025, 1,596 restricted shares that vest on 5/5/2025, and 0 shares owned outright.
F2	The options become exercisable in four equal installments of 1/4 each year, beginning on the first anniversary of the grant date.
F3	The options become exercisable in three equal installments of 1/4 each year, beginning on the first anniversary of the grant date.