Gregg C. Sengstack - Apr 28, 2023 Form 4 Insider Report for FRANKLIN ELECTRIC CO INC (FELE)

Role: Chairperson and CEO
Signature: Gregg C. Sengstack
Stock symbol: FELE
Transactions as of: Apr 28, 2023
Transactions value $: $1,659,579
Form type: 4
Date filed: 5/1/2023, 03:32 PM
Previous filing: Mar 3, 2023
Next filing: May 8, 2023
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	$2.97M	+33.2K	+20.92%	$89.47	192K	Apr 28, 2023	Direct	F1
transaction	FELE	common stock	Tax liability	-$1.31M	-14.6K	-7.62%	$89.47	177K	Apr 28, 2023	Direct	F2
holding	FELE	common stock						160K	Apr 28, 2023	By Reporting Person's Trust	F3
holding	FELE	common stock						115K	Apr 28, 2023	By Spouse's Trust	F4

Showing 1 to 4 of 4 entries

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

Explanation of Responses:

Id	Content
F1	Vest of Performance Share Units
F2	Includes 11,069 restricted stock units that vest on 2/16/2026, 14,303 restricted stock units that vest on 2/24/2025, 13,946 restricted stock units that vest on 2/18/2024, and 137,717 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.