Home/Filings/4/0000038725-22-000184
4//SEC Filing

Wathen David M 4

Accession 0000038725-22-000184

CIK 0000038725other

Filed

Nov 20, 7:00 PM ET

Accepted

Nov 21, 10:55 AM ET

Size

5.9 KB

Accession

0000038725-22-000184

Insider Transaction Report

Form 4
Period: 2022-11-17
Transactions
  • Award

    stock units

    2022-11-17$82.84/sh+215.68$17,86791,841.27 total
    common stock (215.68 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. 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 November 17, 2022, Mr.Wathen was credited with 215.68 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.

Issuer

FRANKLIN ELECTRIC CO INC

CIK 0000038725

Entity typeother

Related Parties

1
  • filerCIK 0001326561

Filing Metadata

Form type
4
Filed
Nov 20, 7:00 PM ET
Accepted
Nov 21, 10:55 AM ET
Size
5.9 KB