Brent L Spikes Form 3 FRANKLIN ELECTRIC / BRENT L SPIKES ownership change

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

SPIKES BRENT L

(Last) (First) (Middle)

FRANKLIN ELECTRIC CO., INC.

9255 COVERDALE RD

(Street)

FORT WAYNE IN 46809

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
05/05/2022

3. Issuer Name and Ticker or Trading Symbol
FRANKLIN ELECTRIC CO INC [ FELE ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
VP, Global Manufacturing Ops

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
common stock	4,286(1)	D
common stock	4,208.8	I	401(k) Shares

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
option	(2)	02/22/2028	common stock	965	40.25	D
option	(3)	02/21/2029	common stock	769	55.16	D
option	(3)	02/20/2030	common stock	960	59.71	D
option	(3)	02/18/2031	common stock	737	73.14	D
option	(3)	02/24/2032	common stock	653	83.9	D

Explanation of Responses:

1. Includes 1,005 restricted shares that vest on 2/20/2023, 875 restricted shares that vest on 2/18/2024, 810 restricted shares that vest on 2/24/2025, 1,596 restricted shares that vest on 5/5/2025, and 0 shares owned outright.

2. The options become exercisable in four equal installments of 1/4 each year, beginning on the first anniversary of the grant date.

3. The options become exercisable in three equal installments of 1/4 each year, beginning on the first anniversary of the grant date.

Remarks:

	Brent L. Spikes	05/09/2022
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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