0000038725-23-000031.txt : 20230221 0000038725-23-000031.hdr.sgml : 20230221 20230221170852 ACCESSION NUMBER: 0000038725-23-000031 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230216 FILED AS OF DATE: 20230221 DATE AS OF CHANGE: 20230221 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: SENGSTACK GREGG C CENTRAL INDEX KEY: 0001189242 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-00362 FILM NUMBER: 23649323 MAIL ADDRESS: STREET 1: FRANKLIN ELECTRIC CO INC STREET 2: 9255 COVERDALE RD CITY: FORT WAYNE STATE: IN ZIP: 46809 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 wf-form4_167701730178265.xml FORM 4 X0306 4 2023-02-16 0 0000038725 FRANKLIN ELECTRIC CO INC FELE 0001189242 SENGSTACK GREGG C FRANKLIN ELECTRIC CO INC 9255 COVERDALE ROAD FORT WAYNE IN 46809 0 1 0 0 Chairperson and CEO common stock 2023-02-16 4 A 0 11069 0 A 175066 D common stock 2023-02-20 4 A 0 16580 96.40 A 175066 D common stock 2023-02-20 4 F 0 7334 96.40 D 167732 D common stock 160000 I By Reporting Person's Trust common stock 115000 I By Spouse's Trust option 94.86 2023-02-16 4 A 0 30426 94.86 A 2033-02-16 common stock 30426.0 30426 D Restricted stock units vest 3 years after the 2/16/2023 grant date. Vest of restricted stock units. Includes 11,069 restricted stock units that vest on 2/16/2026, 14,303 restricted stock units that vest on 2/24/2025, 13,946 restricted stock units that vest on 2/18/2024, and 128,414 owned outright. Represents shares held of record by the Gregg Sengstack 2020 Dynasty Trust, for which the reporting person's spouse is the trustee and over which the reporting person does not have sole voting and investment power. Represents shares held of record by the Dianne Sengstack 2020 Dynasty Trust, for which the reporting person is the trustee and over which the reporting person has sole voting and investment power. The options become exercisable in three equal installments of 1/3 each year, beginning on the first anniversary of 2/16/2023. Gregg C. Sengstack 2023-02-21