0000038725-23-000197.txt : 20231117 0000038725-23-000197.hdr.sgml : 20231117 20231117103116 ACCESSION NUMBER: 0000038725-23-000197 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20231116 FILED AS OF DATE: 20231117 DATE AS OF CHANGE: 20231117 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: SHERMAN JENNIFER L CENTRAL INDEX KEY: 0001282554 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-00362 FILM NUMBER: 231416923 MAIL ADDRESS: STREET 1: 1415 W. 22ND STREET STREET 2: SUITE 1100 CITY: OAK BROOK STATE: IL ZIP: 60523 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: FRANKLIN ELECTRIC CO INC CENTRAL INDEX KEY: 0000038725 STANDARD INDUSTRIAL CLASSIFICATION: MOTORS & GENERATORS [3621] IRS NUMBER: 350827455 STATE OF INCORPORATION: IN FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 9255 COVERDALE ROAD CITY: FORT WAYNE STATE: IN ZIP: 46809 BUSINESS PHONE: 2608242900 MAIL ADDRESS: STREET 1: 9255 COVERDALE ROAD CITY: FORT WAYNE STATE: IN ZIP: 46809 4 1 wk-form4_1700235067.xml FORM 4 X0508 4 2023-11-16 0 0000038725 FRANKLIN ELECTRIC CO INC FELE 0001282554 SHERMAN JENNIFER L 1415 W. 22ND STREET SUITE 1100 OAK BROOKE IL 60523 1 0 0 0 0 stock units 2023-11-16 4 A 0 102.3 88.77 A common stock 102.3 40462.04 D 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, Ms. Sherman elected to receive her 2014-2022 stock award, meeting fees, and retainer and 2023 stock award, meeting fees, retainer and lead independent director fees of Franklin Electric Co., Inc common stock, issuance of such shares deferred until she retires, otherwise leaves the Board of Directors, or has elected to receive such payment per the terms of the Plan (e.g. Stock Units). On November 16, 2023, Ms. Sherman was credited with 102.3 Stock Units for dividends that would have been paid on such deferred shares. At distribution, Ms. Sherman may elect pursuant to the terms of the Plan to receive her deferred compensation either in shares of Franklin common stock or in cash. Jonathan M. Grandon, power of attorney for Jennifer L Sherman 2023-11-17