fele-202006250000038725false00000387252020-06-252020-06-25
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): June 25, 2020
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))
Securities registered pursuant to Section 12(b) of the Act:
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| Common Stock, $0.10 par value | | FELE | | NASDAQ | Global Select Market |
| (Title of each class) | | (Trading symbol) | | (Name of each exchange on which registered) | |
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 ☐
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. ☐
Item 8.01 Other Events.
Due to the global pandemic, the Franklin Electric Co., Inc. Retirement Program (the “Plan”) is filing this current report on Form 8-K to avail itself of an extension to file its Annual Report on Form 11-K for the plan year ended December 31, 2019 (the “Form 11-K”). The Plan is relying on the Securities and Exchange Commission’s Order under Section 36 of the Securities Exchange Act of 1934 Modifying Exemptions From the Reporting and Proxy Delivery Requirements for Public Companies dated March 25, 2020 (Release No. 34-88465) (the “Order”).
The operations and business of Franklin Electric Co., Inc. (the “Company”), which is the sponsor of the Plan, have experienced delays in the financial statement preparation and review that resulted from reduced availability of key personnel due to the global pandemic. The Plan anticipates that it will file its Annual Report no later than July 7, 2020, which is approximately one week later than the original due date of June 29, 2020.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits:
| | | | | | | | |
| Exhibit Number | | Description |
| 104 | | | The cover page from this Current Report on Form 8-K, formatted as Inline XBRL |
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)
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Date: June 25, 2020 | | By | /s/ John J. Haines |
| | | John J. Haines |
| | | Vice President, Chief Financial Officer |
| | | (Principal Financial and Accounting Officer) |