Thomas R. VerHage - 04 May 2023 Form 4/A - Amendment Insider Report for FRANKLIN ELECTRIC CO INC (FELE)

Role: Director
Signature: Jonathan M. Grandon, power of attorney for Thomas R. VerHage
Issuer symbol: FELE
Transactions as of: 04 May 2023
Net transactions value: +$223,500
Form type: 4/A - Amendment
Filing time: 09 May 2023, 16:53:29 UTC
Date Of Original Report: 08 May 2023
Previous filing: 17 Feb 2023
Next filing: 22 May 2023
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	Award	$223,500	+2,386	+4.3%	$93.69	57,734	04 May 2023	common stock	2,386		Direct	F1

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

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. VerHage elected to receive his 2023 Board of Directors retainer, stock award, and committee member fees in Franklin Electric Co., Inc. common stock, issuance of such shares deferred until January 3, 2026, to be paid in a series of four annual installments. On May 4, 2023, Mr. VerHage was credited with 800.51 Stock Units for the annual retainer, 1,387.55 Stock Units for the annual stock award, and 197.47 Stock Units for committee member fees. At distribution, Mr. VerHage may elect pursuant to the terms of the Plan to receive his deferredcompensation either in shares of Franklin common stock or 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. VerHage elected to receive his 2023 Board of Directors retainer, stock award, and committee member fees in Franklin Electric Co., Inc. common stock, issuance of such shares deferred until January 3, 2026, to be paid in a series of four annual installments. On May 4, 2023, Mr. VerHage was credited with 800.51 Stock Units for the annual retainer, 1,387.55 Stock Units for the annual stock award, and 197.47 Stock Units for committee member fees. At distribution, Mr. VerHage may elect pursuant to the terms of the Plan to receive his deferredcompensation either in shares of Franklin common stock or in cash.