8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of

the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): May 4, 2018

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)

(260) 824-2900

(Registrant's telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[    ]    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[    ]    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[    ]    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[    ]    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company o

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o

Item 7.01. Regulation FD Disclosure

Gregg Sengstack, Chairman and Chief Executive Officer, of Franklin Electric Co. Inc. (the "Company") will present at the Annual Shareholders' Meeting in Fort Wayne, Indiana on May 4, 2018. A copy of the presentation slides are furnished herewith as Exhibit 99.1 and are incorporated herein by reference. The presentation slides will be available on the Company's website (www.franklin-electric.com) in the Investor Relations - Presentations section of the website for thirty days after the presentation. This Current Report on Form 8-K and the presentation slides attached hereto are being furnished pursuant to Item 7.01 of Form 8-K.

This information shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended.

Item 9.01. Financial Statements and Exhibits

(d) Exhibits:

Exhibit Number	Description
99.1	Presentation slides of Franklin Electric Co. Inc.'s Annual Shareholders' Meeting on May 4, 2018

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: May 4, 2018	By	/s/ John J. Haines
		John J. Haines
		Vice President and Chief Financial Officer
		(Principal Financial and Accounting Officer)

EXHIBIT INDEX

Exhibit Number	Description
99.1	Presentation slides of Franklin Electric Co. Inc.'s Annual Shareholders' Meeting on May 4, 2018

EX-99.1

2018 Shareholders Meeting Gregg Sengstack, Chairman and CEO | May 4, 2018

2 SAFE HARBOR STATEMENT: “Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995. Any forward‐looking statements contained herein, including those relating to market conditions or the Company’s financial results, costs, expenses or expense reductions, profit margins, inventory levels, foreign currency translation rates, liquidity expectations, business goals and sales growth, involve risks and uncertainties, including but not limited to, risks and uncertainties with respect to general economic and currency conditions, various conditions specific to the Company’s business and industry, weather conditions, new housing starts, market demand, competitive factors, changes in distribution channels, supply constraints, effect of price increases, raw material costs, technology factors, integration of acquisitions, litigation, government and regulatory actions, the Company’s accounting policies, future trends, and other risks which are detailed in the Company’s Securities and Exchange Commission filings, included in Item 1A of Part I of the Company’s Annual Report on Form 10‐K for the fiscal year ending December 31, 2017, Exhibit 99.1 attached thereto and in Item 1A of Part II of the Company’s Quarterly Reports on Form 10‐Q. These risks and uncertainties may cause actual results to differ materially from those indicated by the forward‐ looking statements. All forward‐looking statements made herein are based on information currently available, and the Company assumes no obligation to update any forward‐looking statements.

$1.68  $1.41  $1.50  $1.65  $1.86  $0.00 $0.50 $1.00 $1.50 $2.00 2013 2014 2015 2016 2017 0 21 Earnings Per Share REASONS FOR DECLINE: • Strong $ • Decline in oil price • Distribution reset • Weather 3*One time impact of U.S. tax law was $0.21/share. Future benefit approximately $0.16/share (1.3 year “payback”) $1.86 Impact of  New Tax Law $1.65

First Quarter 2018 Results (Amounts in millions except share data) 4 23% increase in operating income and lower taxes drove 36% increase in E.P.S. $220.3  $295.6  $0 $50 $100 $150 $200 $250 $300 $350 Sales  Q1 2017  Q1 2018 $0.33  $0.45   $‐  $0.10  $0.20  $0.30  $0.40  $0.50 E.P.S.  Q1 2017  Q1 2018 $18.5  $22.7  $0 $5 $10 $15 $20 $25 $30 Operating Income  Q1 2017  Q1 2018

Cash Flow $72.9  $78.7  $78.2  $73.6  $82.3  $33.5  $0 $25 $50 $75 $100 2015 2016 2017  Net Income  Free Cash Flow 5Free Cash Flow = Operating Cash Flow minus Net Capital Expenditures Company‐wide focus on generating free cash flow > net income

24 Consecutive Annual Dividend Payment Increases 6  $‐  $0.05  $0.10  $0.15  $0.20  $0.25  $0.30  $0.35  $0.40  $0.45  $0.50 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 25

NEW DISTRIBUTION SEGMENT 7 20192009 2010 2011 2012 2013 2014 F U E L I N G 2015 20182016 W A T E R Acquisition Timeline 2008 2017 At year‐end 2017, we had $385 million additional debt capacity

8 Sales by Segment 57% Water Systems 21% Fueling Systems (based on 2017 Proforma Revenue) 22% Distribution (US Groundwater)

Geographic Sales Mix Water & Fueling Segments 9 47% United States 39% Emerging Markets 14% International Developed (based on 2017 sales)

Strategic Focus 10 Residential, Agricultural, Commercial Water Systems $6.0 B Global Market Potential(1) Complete Fueling Systems $1.0 B Global Market Potential(1) (1) Current Franklin management estimates Strong Brand Franchise #1 or #2 in  Addressable Markets  Growing Global Footprint Fragmented  Customer Base Fragmented  Supply Base Mission Critical Products  and Systems Applications with High  Cost of Downtime Contractors Value  Technical Support Deep Understanding  of Applications

11 STRATEGIC FOCUS: To grow as a global provider of water and fuel  systems, through geographic expansion and product  line extensions, leveraging our global platform  and competency in system design.

Geographic Expansion 12

13 Global Footprint Locations with 50+ employees New sites, Last 5 years

14 US/CANADA Sales $515 M LATIN AMERICA Sales $128 M EMEA Sales $203 M ASIA Sales $143 M Geographic Expansion 2017 Water and Fueling Segment Sales

Sales in Emerging Markets $149  $226  $218  $246  $286  $335  $356  $413  $459  $481  $500  $0 $50 $100 $150 $200 $250 $300 $350 $400 $450 $500 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 ( $   i n   m i l l i o n s ) 15 Constant Currency

Fueling Systems: China $7  $13  $25  $0 $10 $20 $30 $40 2015 2016 2017 2018 2019 ( $   i n   m i l l i o n s ) 16 Oil companies upgrading pumping and leak detection systems as well Government Mandated Multi‐Year Infrastructure Upgrade Fueling Systems Sales in China

17

18 2M Company, Inc. Drillers Service, Inc. Headwater Wholesale Western Hydro Valley Farms Supply • Extend our position in groundwater • Move closer to contractor • Optimize supply chain • Opportunities to move into adjacencies: – Filtration – Treatment – Irrigation – Commercial

Product Line Extensions 19

20 Water Systems Fueling Systems Product Line Extensions

Electronics Evolution 21 Constant Pressure Constant Pressure Improved Quality More Models Environment Extension Constant Pressure Improved Quality More Models More Applications HP Extension More Applications Constant Pressure Improved Quality More Models More Applications HP Extension Environment Extension Increased Functionality Enhanced Features Connectivity Packaged Systems: High‐Efficiency Better Performance Increased Margin

22 Fueling – Total System Solutions FUEL MANAGEMENT SYSTEMS DISPENSING SYSTEMS PIPE & CONTAINMENT SYSTEMS SUBMERSIBLE PUMPING SYSTEMS SERVICE STATION HARDWARE

Historic Organic Growth Affirms Our Strategy 6.8% 7.8% ‐7.2% 5.1% 2.5% 11.0% 5.9% 11.7% 2.1% 5.2% 8.2% 8.5% 6.6% 8.6% ‐5.2% 5.1% 3.8% 10.4% ‐10.0% ‐5.0% 0.0% 5.0% 10.0% 15.0% Water Fueling Consolidated 2013 2014 2015 2016 2017 Q1 2018 23

2018 Shareholders Meeting Gregg Sengstack, Chairman and CEO | May 4, 2018

2017 Efforts: – 5 installations spanning  3 different countries • South Africa • Zimbabwe • Uganda – Benefiting the lives of nearly 18,000 people – Leveraged our solar pumping technology 25