BROWN DAVID T 4
4 · FRANKLIN ELECTRIC CO INC · Filed May 10, 2021
Insider Transaction Report
Form 4
BROWN DAVID T
Director
Transactions
- Other
stock units
2021-05-07−75,223.05→ 2,548.73 total(indirect: By Trust)→ common stock (75,223.05 underlying)
Footnotes (1)
- [F1]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. Brown elected to receive his 2008-2016 Board of Directors retainer, meeting fees and stock award in Franklin Electric Co., Inc. common stock, and in 2017-2020 his stock award in Franklin Electric Co., Inc, issuance of such shares deferred until he retires, leaves the Board of Directors, or has elected to receive such payment per the terms of the Plan (e.g. Stock Units). On May 7, 2021, Mr. Brown has retired from the board and has elected to receive his deferred compensation in cash.