Victor Grizzle - 13 May 2024 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
13 May 2024
Net transactions value
$0
Form type
4
Filing time
15 May 2024, 16:57:15 UTC
Previous filing
03 May 2024
Next filing
20 May 2024

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 -1,534 -12% $0.000000 11,588 13 May 2024 common stock 1,534 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 stock award in Franklin Electric Co., Inc. common stock and dividends received on such shares.