Home/Filings/4/0000038725-24-000021
4//SEC Filing

VERHAGE THOMAS R 4

Accession 0000038725-24-000021

CIK 0000038725other

Filed

Feb 15, 7:00 PM ET

Accepted

Feb 16, 3:40 PM ET

Size

6.0 KB

Accession

0000038725-24-000021

Insider Transaction Report

Form 4
Period: 2024-02-15
Transactions
  • Award

    stock units

    2024-02-15$100.28/sh+143.99$14,43957,901.68 total
    common stock (143.99 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. VerHage elected to receive his 2011-2020 and 2023 stock award, meeting fees and retainer and his 2021-2022 stock award, meeting fees, retainer and lead independent director fees 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 February 15, 2024, Mr. VerHage was credited with 143.99 Stock Units for dividends that would have been paid on such deferred shares. At distribution, Mr. VerHage 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 0001282228

Filing Metadata

Form type
4
Filed
Feb 15, 7:00 PM ET
Accepted
Feb 16, 3:40 PM ET
Size
6.0 KB