0000038725-23-000118.txt : 20230522 0000038725-23-000118.hdr.sgml : 20230522 20230522165301 ACCESSION NUMBER: 0000038725-23-000118 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230518 FILED AS OF DATE: 20230522 DATE AS OF CHANGE: 20230522 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: VERHAGE THOMAS R CENTRAL INDEX KEY: 0001282228 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-00362 FILM NUMBER: 23945278 MAIL ADDRESS: STREET 1: 6513 CROWN COLONY PLACE #101 CITY: NAPLES STATE: FL ZIP: 34108 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 wk-form4_1684788774.xml FORM 4 X0407 4 2023-05-18 0 0000038725 FRANKLIN ELECTRIC CO INC FELE 0001282228 VERHAGE THOMAS R 6513 CROWN COLONY PLACE #101 NAPLES FL 34108 1 0 0 0 0 stock units 2023-05-18 4 A 0 138.68 93.67 A common stock 138.68 57872.89 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, Mr. VerHage elected to receive his 2011-2020 and 2023 stock award, meeting fees and retainer and his 2021-2022 stock award, meeting fees, retainer and lead independent director fees in Franklin Electric Co., Inc. common stock, issuance of such shares deferred until he retires, otherwise leaves the Board of Directors, or has elected to receive such payment per the terms of the Plan (e.g. Stock Units). On May 18, 2023, Mr. VerHage was credited with 138.68 Stock Units for dividends that would have been paid on such deferred shares. At distribution, Mr. VerHage may elect pursuant to the terms of the Plan to receive his deferred compensation either in shares of Franklin common stock or in cash. Jonathan M. Grandon, power of attorney for Thomas R. VerHage 2023-05-22