Gregg C. Sengstack - Dec 5, 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: Dec 5, 2023
Transactions value $: $0
Form type: 4
Date filed: 12/7/2023, 04:22 PM
Previous filing: Dec 4, 2023
Next filing: Feb 20, 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FELE	common stock	Gift	$0	-10.5K	-6.17%	$0.00	160K	Dec 5, 2023	Direct	F1, F2
transaction	FELE	common stock	Other	$0	+10.5K		$0.00	10.5K	Dec 5, 2023	By Sengstack Family Foundation	F1, F5
holding	FELE	common stock						160K	Dec 5, 2023	By Reporting Person's Trust	F3
holding	FELE	common stock						115K	Dec 5, 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	On December 5, 2023, the reporting person gifted 10,532 shares, which he previously held directly, to the Sengstack Family Foundation.
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 120,769 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.
F5	Represents shares held of record by the Sengstack Family Foundation, for which the reporting person is the president and over which the reporting person has sole voting and dispositive power.