0000038725-15-000142.txt : 20150601 0000038725-15-000142.hdr.sgml : 20150601 20150601120344 ACCESSION NUMBER: 0000038725-15-000142 CONFORMED SUBMISSION TYPE: SD PUBLIC DOCUMENT COUNT: 2 13p-1 1.01 20141231 1.02 20141231 FILED AS OF DATE: 20150601 DATE AS OF CHANGE: 20150601 FILER: 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: 0102 FILING VALUES: FORM TYPE: SD SEC ACT: 1934 Act SEC FILE NUMBER: 000-00362 FILM NUMBER: 15902091 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 SD 1 a20150601formsd.htm SD 2015.06.01 Form SD
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM SD
Specialized Disclosure Report


FRANKLIN ELECTRIC CO., INC.
(Exact name of registrant as specified in its charter)
Indiana
 
0-362
 
35-0827455
(State of incorporation)
 
(Commission File Number)
 
(IRS employer identification no.)

9255 Coverdale Road
 
 
Fort Wayne, Indiana
 
46809
(Address of principal executive offices)
 
(Zip code)

John J. Haines
(260) 824-2900
(Name and telephone number, including area code, of the person to contact in connection with this report.)

Check the appropriate box to indicate the rule pursuant to which this form is being filed, and provide the period to which the information in this form applies:

[x] Rule 13p-1 under the Securities Exchange Act (17 CFR 240.13p-1) for the reporting period from January 1 to December 31, 2014.



Section 1 - Conflict Minerals Disclosure

Item 1.01 Conflict Minerals Disclosure, Exhibit
Franklin Electric Co., Inc. (the “Company”) evaluated its products and determined that certain products contain tin, tungsten, tantalum, and/or gold (3TG). After a diligent survey of our suppliers, the Company has determined that its supply chain is DRC Conflict Undeterminable and, as a result, the Company has filed its Conflict Minerals Report, which appears as Exhibit 1.01 hereto and is publicly available at www.franklin-electric.com.
Item 1.02 Exhibit
A copy of the Company’s Conflict Minerals Report is provided as Exhibit 1.01 hereto.
Section 2 - Exhibits

Item 2.01 Exhibits
Exhibit 1.01 - Conflict Mineral Report as required by Items 1.01 and 1.02 of this Form.




SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

FRANKLIN ELECTRIC CO., INC.
(Registrant)

Date: June 1, 2015
 
By
/s/ John J. Haines
 
 
 
John J. Haines
 
 
 
Vice President and Chief Financial Officer and Secretary
 
 
 
(Principal Financial and Accounting Officer)


EX-1.01 2 a20150601exhibit101.htm EXHIBIT 1.01 2015.06.01 Exhibit 1.01



EXHIBIT 1.01
Franklin Electric Co., Inc.
Conflict Mineral Report in Accordance with Rule 13p-1 under the Securities Exchange Act of 1934

Franklin Electric is a global leader in the production and marketing of systems and components for the movement of water and automotive fuels. Recognized as a technical leader in its specialties, Franklin Electric serves customers around the world in residential, commercial, agricultural, industrial, municipal, and fueling applications. Franklin Electric has over 4,900 employees, and sells more than 40,000 products into markets globally.

In accordance with Rule 13p-1 under the Securities Exchange Act of 1934 (the “Rule”), Franklin Electric implemented a Conflict Mineral Policy which mandates its method for conducting due diligence and reporting the same under the Rule.

Franklin Electric has determined in good faith, for the calendar year 2014, that its products are DRC Conflict Undeterminable.

Beginning in 2013, Franklin Electric surveyed its global supply chain using the Electronics Industry Citizenship Coalition’s Global eSustainability Initiative Conflict Minerals Reporting survey (“GeSI”). Of the 1,200 GeSI distributed, 99.1% were returned. Of the 11 GeSI that were not returned, Franklin Electric continues to seek a response from these suppliers.

The completed and returned GeSI resulted in four classifications: (i) Compliant; (ii) In-process; (iii) Incomplete; and (iv) Non-compliant. Ninety percent were compliant, meaning the form was completed properly and either indicated that no conflict minerals were used, or indicated that those that were used were traced to scrap sources or approved smelters. Five percent indicated their own due diligence was still in-process. Three percent had not completed the form properly and the Company will follow-up with those suppliers. One percent indicated they were not compliant, meaning conflict minerals are used, but the source of such minerals is currently unknown. The non-compliant suppliers represent approximately 0.58% of Franklin Electric’s annual spend on direct materials and primarily consist of electronic component products.

During the calendar year 2015, Franklin Electric will continue to mitigate future risks of using conflict minerals from the DRC by surveying suppliers and attempting to purchase from suppliers who report DRC Conflict Free.