<SEC-DOCUMENT>0000038725-22-000096.txt : 20220510
<SEC-HEADER>0000038725-22-000096.hdr.sgml : 20220510
<ACCEPTANCE-DATETIME>20220510171155
ACCESSION NUMBER:		0000038725-22-000096
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20220506
FILED AS OF DATE:		20220510
DATE AS OF CHANGE:		20220510

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			SHERMAN JENNIFER L
		CENTRAL INDEX KEY:			0001282554

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-00362
		FILM NUMBER:		22910967

	MAIL ADDRESS:	
		STREET 1:		1415 W. 22ND STREET
		STREET 2:		SUITE 1100
		CITY:			OAK BROOK
		STATE:			IL
		ZIP:			60523

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			FRANKLIN ELECTRIC CO INC
		CENTRAL INDEX KEY:			0000038725
		STANDARD INDUSTRIAL CLASSIFICATION:	MOTORS & GENERATORS [3621]
		IRS NUMBER:				350827455
		STATE OF INCORPORATION:			IN
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		9255 COVERDALE ROAD
		CITY:			FORT WAYNE
		STATE:			IN
		ZIP:			46809
		BUSINESS PHONE:		2608242900

	MAIL ADDRESS:	
		STREET 1:		9255 COVERDALE ROAD
		CITY:			FORT WAYNE
		STATE:			IN
		ZIP:			46809
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>wf-form4_165221709866158.xml
<DESCRIPTION>FORM 4
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0306</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2022-05-06</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000038725</issuerCik>
        <issuerName>FRANKLIN ELECTRIC CO INC</issuerName>
        <issuerTradingSymbol>FELE</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001282554</rptOwnerCik>
            <rptOwnerName>SHERMAN JENNIFER L</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>1415 W. 22ND STREET</rptOwnerStreet1>
            <rptOwnerStreet2>SUITE 1100</rptOwnerStreet2>
            <rptOwnerCity>OAK BROOKE</rptOwnerCity>
            <rptOwnerState>IL</rptOwnerState>
            <rptOwnerZipCode>60523</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle></officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable></nonDerivativeTable>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>stock units</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <footnoteId id="F1"/>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2022-05-06</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>3196.15</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>70.71</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <footnoteId id="F1"/>
            </exerciseDate>
            <expirationDate>
                <footnoteId id="F1"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>common stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>3196.15</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>37324.79</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="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. Sherman elected to receive her 2022 Board of Directors retainer, stock award, and committee chair/member fees in Franklin Electric Co., Inc. common stock, issuance of such shares deferred until January 1 of the year following Ms. Sherman's departure from the Board, to be paid in a series of five annual installments. On May 6, 2022, Ms. Sherman was credited with 1,060.67 Stock Units for the annual retainer, 1,838.50 Stock Units for the annual stock award, and 296.99 Stock Units for committee chair/member fees. At distribution, Ms. Sherman may elect pursuant to the terms of the Plan to receive her deferred compensation either in shares of Franklin common stock or in cash.</footnote>
    </footnotes>

    <remarks></remarks>

    <ownerSignature>
        <signatureName>Jonathan M. Grandon, power of attorney for Jennifer L Sherman</signatureName>
        <signatureDate>2022-05-10</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
