Home/Filings/4/0000038725-23-000195
4//SEC Filing

Villavarayan Chris 4

Accession 0000038725-23-000195

CIK 0000038725other

Filed

Nov 16, 7:00 PM ET

Accepted

Nov 17, 10:30 AM ET

Size

5.8 KB

Accession

0000038725-23-000195

Insider Transaction Report

Form 4
Period: 2023-11-16
Transactions
  • Award

    stock units

    2023-11-16$88.77/sh+6.08$5402,406.14 total
    common stock (6.08 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. Villavarayan elected to receive his 2022 meeting fees and retainer and 2023 stock award, meeting fees, and retainer 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 November 16 2023, Mr. Villavarayan was credited with 6.08 Stock Units for dividends that would have been paid on such deferred shares. At distribution, Mr. Villavarayan 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 0001641733

Filing Metadata

Form type
4
Filed
Nov 16, 7:00 PM ET
Accepted
Nov 17, 10:30 AM ET
Size
5.8 KB