Victor Grizzle - Dec 15, 2023 Form 4 Insider Report for FRANKLIN ELECTRIC CO INC (FELE)

Role: Director
Signature: Jonathan M. Grandon, power of attorney for Victor Grizzle
Stock symbol: FELE
Transactions as of: Dec 15, 2023
Transactions value $: $0
Form type: 4
Date filed: 12/18/2023, 02:44 PM
Previous filing: Nov 17, 2023
Next filing: Dec 29, 2023

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	Other	$0	-1.06K	-9.04%	$0.00	10.7K	Dec 15, 2023	common stock	1.06K		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. Grizzle elected to receive his deferred compensation in cash. The deferred compensation was for his 2021 Board of Directors retainer and committee member fees in Franklin Electric Co., Inc. common stock and dividends received on such shares.

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. Grizzle elected to receive his deferred compensation in cash. The deferred compensation was for his 2021 Board of Directors retainer and committee member fees in Franklin Electric Co., Inc. common stock and dividends received on such shares.