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

Role
Director
Signature
Jonathan M. Grandon, power of attorney for Victor Grizzle
Issuer symbol
FELE
Transactions as of
15 Dec 2023
Net transactions value
$0
Form type
4
Filing time
18 Dec 2023, 14:44:40 UTC
Previous filing
17 Nov 2023
Next filing
29 Dec 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 -1,059 -9% $0.000000 10,654 15 Dec 2023 common stock 1,059 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.