0000038725-23-000075.txt : 20230508 0000038725-23-000075.hdr.sgml : 20230508 20230508163722 ACCESSION NUMBER: 0000038725-23-000075 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230504 FILED AS OF DATE: 20230508 DATE AS OF CHANGE: 20230508 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: 23898331 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 wf-form4_168357822371382.xml FORM 4 X0407 4 2023-05-04 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 2023-05-04 4 A 0 2556.30 93.69 A common stock 2556.3 40229.53 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 2023 Board of Directors retainer, stock award, lead independent director fee and committee member fees in Franklin Electric Co., Inc. common stock, issuance of such shares deferred until January 1 of the year following Ms. Sherman's departure from the Board, to be paid in a series of five annual installments. On May 4, 2023, Ms. Sherman was credited with 800.51 Stock Units for the annual retainer, 1,387.55 Stock Units for the annual stock award, 240.15 Stock Units for the lead independent director fees, and 128.09 Stock Units for committee chair/member fees. 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 2023-05-08