0000038725-23-000120.txt : 20230522 0000038725-23-000120.hdr.sgml : 20230522 20230522165519 ACCESSION NUMBER: 0000038725-23-000120 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: Wathen David M CENTRAL INDEX KEY: 0001326561 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-00362 FILM NUMBER: 23945299 MAIL ADDRESS: STREET 1: 3933 KIRKLAND COURT CITY: BLOOMFIELD HILLS STATE: MI ZIP: 48302 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_1684788901.xml FORM 4 X0407 4 2023-05-18 0 0000038725 FRANKLIN ELECTRIC CO INC FELE 0001326561 Wathen David M 3933 KIRKLAND COURT BLOOMFIELD HILLS MI 48302 1 0 0 0 0 stock units 2023-05-18 4 A 0 221.13 93.67 A common stock 221.13 92280.24 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. Wathen elected to receive his 2005-2016 and 2019 Board of Directors retainer, stock award, and meeting fees in Franklin Electric Co., Inc. common stock, and in 2017-2018, his retainer, stock award, meeting fees, and lead independent director fees in Franklin Electric Co., Inc. common stock issuance of such shares deferred until he retires or otherwise leaves the Board of Directors (e.g. Stock Units). On May 18, 2023, Mr. Wathen was credited with 221.13 Stock Units for dividends that would have been paid on such deferred shares. At distribution, Mr. Wathen 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 David M. Wathen 2023-05-22