PETERSON RENEE J 4
4 · FRANKLIN ELECTRIC CO INC · Filed Aug 21, 2023
Insider Transaction Report
Form 4
PETERSON RENEE J
Director
Transactions
- Award
stock units
2023-08-17$92.66/sh+91.43$8,472→ 37,742.38 total→ common stock (91.43 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, Ms. Peterson elected to receive her 2015-2023 stock award, meeting fees, and retainer of Franklin Electric Co., Inc common stock, issuance of such shares deferred until she 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 August 17, 2023, Ms. Peterson was credited with 91.43 Stock Units for dividends that would have been paid on such deferred shares. At distribution, Ms. Peterson may elect pursuant to the terms of the Plan to receive her deferred compensation either in shares of Franklin common stock or in cash.