FELE

SEC source: 0000038725-17-000033 · wf-form4_148822567150729.xml · nonDerivative · entry 1

Haines John J · CIK 0001446203 · Vice President and CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 44,730

F1 · shares: Restricted stock units vest 4 years after the 2/23/2017 grant date.

F2 · balance_after: Includes 4,870 restricted stock units that vest 4 years after the 2/23/2017 grant date, 5,983 restricted stock units that vest 4 years after the 2/25/2016 grant date, 4,500 restricted stock units that vest 4 years after the 2/26/2015 grant date, 3,571 restricted shares that vest 4 years after the 3/4/2014 grant date, 4,612 restricted shares that vest 4 years after the 3/6/2013 grant date, and 21,194 shares owned outright.

SEC source: 0000038725-17-000031 · wf-form4_148822552828709.xml · derivative · entry 2

Freigang Julie Scheck · CIK 0001641326 · Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,576

Underlying: common stock · 4,576 shares

Expires 2027-02-23

F3 · derivative.exercise_date: The options become exercisable in four equal installments of 1/4 each year, beginning on the first anniversary of the 2/23/2017 grant date.

SEC source: 0000038725-17-000031 · wf-form4_148822552828709.xml · nonDerivative · entry 1

Freigang Julie Scheck · CIK 0001641326 · Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 7,127

F1 · shares: Restricted stock shares vest 4 years after the 2/23/2017 grant date.

F2 · balance_after: Includes 995 restricted shares that vest 4 years after the 2/23/2017 grant date, 1,341 restricted shares that vest 4 years after the 2/25/2016 grant date, 2,291 restricted shares that vest 4 years after the 2/26/2015 grant date, and 2,500 restricted shares that vest 4 years after the 4/30/2014 grant date

SEC source: 0000038725-17-000029 · wf-form4_148822539286085.xml · derivative · entry 2

Grandon Jonathan M. · CIK 0001625104 · Chief Administrative Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 12,747

Underlying: common stock · 12,747 shares

Expires 2027-02-23

F3 · derivative.exercise_date: The options become exercisable in four equal installments of 1/4 each year, beginning on the first anniversary of 2/23/2017.

SEC source: 0000038725-17-000029 · wf-form4_148822539286085.xml · nonDerivative · entry 1

Grandon Jonathan M. · CIK 0001625104 · Chief Administrative Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 6,773

F1 · shares: Restricted stock shares vest 4 years after the 2/23/2017 grant date.

F2 · balance_after: Includes 2,773 restricted shares that vest 4 years after the 2/23/2017 grant date and 4,000 restricted shares that vest 4 years after the 9/12/2016 grant date.

SEC source: 0000038725-17-000027 · wf-form4_148822528807628.xml · derivative · entry 3

Kenney Donald P · CIK 0001608971 · VP & President Energy Systems

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,825

Underlying: common stock · 8,825 shares

Expires 2027-02-23

F3 · derivative.exercise_date: The options become exercisable in four equal installments of 1/4 each year, beginning on the first anniversary of the 2/23/2017 grant date.

SEC source: 0000038725-17-000027 · wf-form4_148822528807628.xml · nonDerivative · entry 1

Kenney Donald P · CIK 0001608971 · VP & President Energy Systems

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 17,941

F1 · shares: Restricted stock units vest 4 years after the 2/23/2017 grant date.

F2 · balance_after: Includes 1,919 restricted stock units that vest 4 years after the 2/23/2017 grant date, 2,218 restricted stock units that vest 4 years after the 2/25/2016 grant date, 1,693 restricted stock units that vest 4 years after the 2/26/2015 grant date, 3,716 restricted stock units that vest 4 years after the 3/4/2014 grant date, 4,796 restricted stock units that vest 4 years after the 3/6/2013 grant date, and 3,599 shares held outright.

SEC source: 0000038725-17-000025 · wf-form4_148822454811921.xml · derivative · entry 3

davis delancey w · CIK 0001399052 · Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 13,139

Underlying: common stock · 13,139 shares

Expires 2027-02-23

F3 · derivative.exercise_date: The options become exercisable in four equal installments of 1/4 each year, beginning on the first anniversary of the 2/23/2017 grant date.

SEC source: 0000038725-17-000025 · wf-form4_148822454811921.xml · nonDerivative · entry 1

davis delancey w · CIK 0001399052 · Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 18,582

F1 · shares: Restricted stock units vest 4 years after the 2/23/2017 grant date.

F2 · balance_after: Includes 2,858 restricted stock units that vest 4 years after the 2/23/2017 grant date, 4,023 restricted shares that vest 4 years after the 2/25/2016 grant date, 3,092 restricted shares that vest 4 years after the 2/26/2015 grant date, 2,531 restricted shares that vest 4 years after the 3/4/2014 grant date, 2,804 restricted shares that vest 4 years after the 3/6/2013 grant date, and 3,274 shares owned outright

SEC source: 0000038725-17-000023 · wf-form4_148822444820785.xml · derivative · entry 2

CROSE DANIEL J · CIK 0001230420 · Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,335

Underlying: common stock · 8,335 shares

Expires 2027-02-23

F3 · derivative.exercise_date: The options become exercisable in four equal installments of 1/4 each year, beginning on the first anniversary of the 2/23/2017 grant date.

SEC source: 0000038725-17-000023 · wf-form4_148822444820785.xml · nonDerivative · entry 1

CROSE DANIEL J · CIK 0001230420 · Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 53,890

F1 · shares: Restricted stock units vest 4 years after the 2/23/2017 grant date

F2 · balance_after: Includes 1,813 restricted stock units that vest 4 years after the 2/23/2017 grant date, 2,553 restricted stock units that vest 4 years after the 2/25/2016 grant date, 1,963 restricted stock units that vest 4 years after the 2/26/2015 grant date, 1,629 restricted stock units that vest 4 years after the 3/4/2014 grant date, 2,102 restricted stock units that vest 4 years after the 3/6/2013 grant date and 43,830 shares owned outright.

SEC source: 0000038725-17-000021 · wf-form4_148822433360809.xml · derivative · entry 2

Aikman Steven William · CIK 0001492799 · VP, Global Water Systems Engin

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 7,027

Underlying: common stock · 7,027 shares

Expires 2027-02-23

F3 · derivative.exercise_date: The options become exercisable in four equal installments of 1/4 each year, beginning on the first anniversary of the 2/23/2017 grant date.

SEC source: 0000038725-17-000021 · wf-form4_148822433360809.xml · nonDerivative · entry 1

Aikman Steven William · CIK 0001492799 · VP, Global Water Systems Engin

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 15,441

F1 · shares: Restricted stock units vest 4 years after the 2/23/2017 grant date.

F2 · balance_after: Includes 1,528 restricted stock units that vest 4 years after the 2/23/2017 grant date, 2,146 restricted shares that vest 4 years after the 2/25/2016 grant date, 1,636 restricted shares that vest 4 years after the 2/26/2015, 1,317 restricted shares that vest 4 years after the 3/4/2014 grant date, 1,412 restricted shares that vest 4 years after the 3/6/2013 grant date, and 7,402 shares owned outright

SEC source: 0000038725-17-000016 · wf-form4_148736636193180.xml · derivative · entry 1

BROWN DAVID T · CIK 0001228301 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 64,318.69

Underlying: common stock · 155.74 shares

Expires not disclosed

F1 · derivative.exercise_price: 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 April 28, 2006, Mr. Brown elected to receive his 2008-2016 Board of Directors retainer, meeting fees and stock award in Franklin Electric Co., Inc. common stock, issuance of such shares deferred until he retires or otherwise leaves the Board of Directors (e.g. Stock Units). On February 16, 2017, Mr. Brown was credited with 155.74 Stock Units for dividends that would have been paid on such deferred shares. At distribution, Mr. Brown may elect pursuant to the terms of the Plan to receive his deferred compensation either in shares of Franklin common stock or in cash.

F1 · derivative.exercise_date: 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 April 28, 2006, Mr. Brown elected to receive his 2008-2016 Board of Directors retainer, meeting fees and stock award in Franklin Electric Co., Inc. common stock, issuance of such shares deferred until he retires or otherwise leaves the Board of Directors (e.g. Stock Units). On February 16, 2017, Mr. Brown was credited with 155.74 Stock Units for dividends that would have been paid on such deferred shares. At distribution, Mr. Brown may elect pursuant to the terms of the Plan to receive his deferred compensation either in shares of Franklin common stock or in cash.

F1 · derivative.expiration_date: 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 April 28, 2006, Mr. Brown elected to receive his 2008-2016 Board of Directors retainer, meeting fees and stock award in Franklin Electric Co., Inc. common stock, issuance of such shares deferred until he retires or otherwise leaves the Board of Directors (e.g. Stock Units). On February 16, 2017, Mr. Brown was credited with 155.74 Stock Units for dividends that would have been paid on such deferred shares. At distribution, Mr. Brown may elect pursuant to the terms of the Plan to receive his deferred compensation either in shares of Franklin common stock or in cash.

SEC source: 0000038725-17-000017 · wf-form4_148736637790977.xml · derivative · entry 1

SHERMAN JENNIFER L · CIK 0001282554 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,790.18

Underlying: common stock · 28.55 shares

Expires not disclosed

F1 · derivative.exercise_price: 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 April 28, 2006, Ms. Sherman elected to receive her 2014-2016 stock award, meeting fees, and retainer of Franklin Electric Co., Inc common stock, issuance of such shares deferred until she retires or otherwise leaves the Board of Directors (e.g. Stock Units). On February 16, 2017, Ms. Sherman was credited with 28.55 Stock Units for dividends that would have been paid on such deferred shares. 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.

F1 · derivative.exercise_date: 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 April 28, 2006, Ms. Sherman elected to receive her 2014-2016 stock award, meeting fees, and retainer of Franklin Electric Co., Inc common stock, issuance of such shares deferred until she retires or otherwise leaves the Board of Directors (e.g. Stock Units). On February 16, 2017, Ms. Sherman was credited with 28.55 Stock Units for dividends that would have been paid on such deferred shares. 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.

F1 · derivative.expiration_date: 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 April 28, 2006, Ms. Sherman elected to receive her 2014-2016 stock award, meeting fees, and retainer of Franklin Electric Co., Inc common stock, issuance of such shares deferred until she retires or otherwise leaves the Board of Directors (e.g. Stock Units). On February 16, 2017, Ms. Sherman was credited with 28.55 Stock Units for dividends that would have been paid on such deferred shares. 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.

SEC source: 0000038725-17-000015 · wf-form4_148736634601283.xml · derivative · entry 1

PETERSON RENEE J · CIK 0001528002 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,503.37

Underlying: common stock · 23.01 shares

Expires not disclosed

F1 · derivative.exercise_price: 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 April 28, 2006, Ms. Peterson elected to receive her 2015-2016 stock award, meeting fees, and retainer of Franklin Electric Co., Inc common stock, issuance of such shares deferred until she retires or otherwise leaves the Board of Directors (e.g. Stock Units). On February 16, 2017, Ms. Peterson was credited with 23.01 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.

F1 · derivative.exercise_date: 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 April 28, 2006, Ms. Peterson elected to receive her 2015-2016 stock award, meeting fees, and retainer of Franklin Electric Co., Inc common stock, issuance of such shares deferred until she retires or otherwise leaves the Board of Directors (e.g. Stock Units). On February 16, 2017, Ms. Peterson was credited with 23.01 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.

F1 · derivative.expiration_date: 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 April 28, 2006, Ms. Peterson elected to receive her 2015-2016 stock award, meeting fees, and retainer of Franklin Electric Co., Inc common stock, issuance of such shares deferred until she retires or otherwise leaves the Board of Directors (e.g. Stock Units). On February 16, 2017, Ms. Peterson was credited with 23.01 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.

SEC source: 0000038725-17-000011 · wf-form4_148736627830506.xml · derivative · entry 1

Wathen David M · CIK 0001326561 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 72,526.53

Underlying: common stock · 175.61 shares

Expires not disclosed

F1 · derivative.exercise_price: 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 April 28, 2006, Mr. Wathen elected to receive his 2005-2016 Board of Directors retainer, stock award, and meeting fees in Franklin Electric Co., Inc. common stock, issuance of such shares deferred until he retires or otherwise leaves the Board of Directors (e.g. Stock Units). On February 16, 2017, Mr. Wathen was credited with 175.61 Stock Units for dividends that would have been paid on such deferred shares. At distribution, Mr. Wathen may elect pursuant to the terms of the Plan to receive his deferred compensation either in shares of Franklin common stock or in cash.

F1 · derivative.exercise_date: 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 April 28, 2006, Mr. Wathen elected to receive his 2005-2016 Board of Directors retainer, stock award, and meeting fees in Franklin Electric Co., Inc. common stock, issuance of such shares deferred until he retires or otherwise leaves the Board of Directors (e.g. Stock Units). On February 16, 2017, Mr. Wathen was credited with 175.61 Stock Units for dividends that would have been paid on such deferred shares. At distribution, Mr. Wathen may elect pursuant to the terms of the Plan to receive his deferred compensation either in shares of Franklin common stock or in cash.

F1 · derivative.expiration_date: 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 April 28, 2006, Mr. Wathen elected to receive his 2005-2016 Board of Directors retainer, stock award, and meeting fees in Franklin Electric Co., Inc. common stock, issuance of such shares deferred until he retires or otherwise leaves the Board of Directors (e.g. Stock Units). On February 16, 2017, Mr. Wathen was credited with 175.61 Stock Units for dividends that would have been paid on such deferred shares. At distribution, Mr. Wathen may elect pursuant to the terms of the Plan to receive his deferred compensation either in shares of Franklin common stock or in cash.

SEC source: 0000038725-17-000008 · wf-form4_148736467588471.xml · derivative · entry 1

ROBERTS DAVID A · CIK 0001198752 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,512.9

Underlying: common stock · 6.08 shares

Expires not disclosed

F1 · derivative.exercise_price: 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 April 28, 2006, Mr. Roberts elected to receive his 2004 Board of Directors retainer in Franklin Electric Co., Inc. common stock, issuance of such shares deferred until he retires or otherwise leaves the Board of Directors (e.g. Stock Units). On February 16, 2017, Mr. Roberts was credited with 6.08 Stock Units for dividends that would have been paid on such deferred shares. At distribution, Mr. Roberts may elect pursuant to the terms of the Plan to receive his deferred compensation either in shares of Franklin common stock or in cash.

F1 · derivative.exercise_date: 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 April 28, 2006, Mr. Roberts elected to receive his 2004 Board of Directors retainer in Franklin Electric Co., Inc. common stock, issuance of such shares deferred until he retires or otherwise leaves the Board of Directors (e.g. Stock Units). On February 16, 2017, Mr. Roberts was credited with 6.08 Stock Units for dividends that would have been paid on such deferred shares. At distribution, Mr. Roberts may elect pursuant to the terms of the Plan to receive his deferred compensation either in shares of Franklin common stock or in cash.

F1 · derivative.expiration_date: 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 April 28, 2006, Mr. Roberts elected to receive his 2004 Board of Directors retainer in Franklin Electric Co., Inc. common stock, issuance of such shares deferred until he retires or otherwise leaves the Board of Directors (e.g. Stock Units). On February 16, 2017, Mr. Roberts was credited with 6.08 Stock Units for dividends that would have been paid on such deferred shares. At distribution, Mr. Roberts may elect pursuant to the terms of the Plan to receive his deferred compensation either in shares of Franklin common stock or in cash.

SEC source: 0000038725-17-000006 · wf-form4_148736453631022.xml · derivative · entry 1

VERHAGE THOMAS R · CIK 0001282228 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 28,651.76

Underlying: common stock · 69.37 shares

Expires not disclosed

F1 · derivative.exercise_price: 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 April 28, 2006, Mr. VerHage elected to receive his 2011-2016 stock award, meeting fees and retainer in Franklin Electric Co., Inc. common stock, issuance of such shares deferred until he retires or otherwise leaves the Board of Directors (e.g. Stock Units). On February 16, 2017, Mr. VerHage was credited with 69.37 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.

F1 · derivative.exercise_date: 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 April 28, 2006, Mr. VerHage elected to receive his 2011-2016 stock award, meeting fees and retainer in Franklin Electric Co., Inc. common stock, issuance of such shares deferred until he retires or otherwise leaves the Board of Directors (e.g. Stock Units). On February 16, 2017, Mr. VerHage was credited with 69.37 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.

F1 · derivative.expiration_date: 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 April 28, 2006, Mr. VerHage elected to receive his 2011-2016 stock award, meeting fees and retainer in Franklin Electric Co., Inc. common stock, issuance of such shares deferred until he retires or otherwise leaves the Board of Directors (e.g. Stock Units). On February 16, 2017, Mr. VerHage was credited with 69.37 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.

SEC source: 0000038725-17-000002 · wf-form4_148355346037201.xml · nonDerivative · entry 3

Strupp Thomas J · CIK 0001333509 · Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,585

F2 · shares: Represents unvested shares of restricted stock, which were forfeited upon retirement from the Company.

SEC source: 0000038725-17-000002 · wf-form4_148355346037201.xml · nonDerivative · entry 2

Strupp Thomas J · CIK 0001333509 · Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 7,253

SEC source: 0000038725-17-000002 · wf-form4_148355346037201.xml · nonDerivative · entry 1

Strupp Thomas J · CIK 0001333509 · Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,673

F1 · shares: Vest of restricted shares

SEC source: 0000038725-17-000004 · wf-form5_148647261305860.xml · nonDerivative · entry 1

ROBERTS DAVID A · CIK 0001198752 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · By spouse's trust

Disclosed balance after: 22,552

SEC source: 0000038725-16-000467 · wf-form4_148180885902049.xml · nonDerivative · entry 1

SENGSTACK GREGG C · CIK 0001189242 · Chairman and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 369,084

F1 · shares: Shares gifted

F2 · balance_after: Includes 19,085 restricted stock units that vest 4 years from the 2/25/2016 grant date, 14,317 restricted stock units that vest 4 years from the 2/26/2015 grant date, 5,290 restricted stock units that vest 4 years from the 5/6/2014 grant date, 4,562 restricted stock units that vest 4 years from the 3/4/2014 grant date, 6,068 restricted stock units that vest 4 years from the 3/6/2013 grant date, and 319,762 shares owned outright.

SEC source: 0000038725-16-000465 · wf-form4_148111523456206.xml · nonDerivative · entry 2

SENGSTACK GREGG C · CIK 0001189242 · Chairman and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 369,349

F1 · shares: Shares gifted

F2 · balance_after: Includes 19,085 restricted stock units that vest 4 years from the 2/25/2016 grant date, 14,317 restricted stock units that vest 4 years from the 2/26/2015 grant date, 5,290 restricted stock units that vest 4 years from the 5/6/2014 grant date, 4,562 restricted stock units that vest 4 years from the 3/4/2014 grant date, 6,068 restricted stock units that vest 4 years from the 3/6/2013 grant date, and 320,027 shares owned outright.

SEC source: 0000038725-16-000465 · wf-form4_148111523456206.xml · nonDerivative · entry 1

SENGSTACK GREGG C · CIK 0001189242 · Chairman and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 369,374

F1 · shares: Shares gifted

SEC source: 0000038725-16-000463 · wf-form4_147984506217574.xml · nonDerivative · entry 1

Strupp Thomas J · CIK 0001333509 · Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,673

F1 · shares: Shares gifted

F2 · balance_after: Includes 1,867 restricted stock units that vest 4 years after the 2/25/2016 grant date, 1,440 restricted stock units that vest 4 years after the 2/26/2015 grant date, 1,186 restricted stock units that vest 4 years after the 3/4/2014 grant date, 1,530 restricted stock units that vest after the 3/6/2013 grant date, and 2,650 shares owned outright.

SEC source: 0000038725-16-000461 · wf-form4_147949443038843.xml · derivative · entry 1

PETERSON RENEE J · CIK 0001528002 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,480.36

Underlying: common stock · 24.06 shares

Expires not disclosed

F1 · derivative.exercise_price: 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 April 28, 2006, Ms. Peterson elected to receive her 2015-2016 stock award, meeting fees, and retainer of Franklin Electric Co., Inc common stock, issuance of such shares deferred until she retires or otherwise leaves the Board of Directors (e.g. Stock Units). On November 17, 2016, Ms. Peterson was credited with 24.06 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.

F1 · derivative.exercise_date: 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 April 28, 2006, Ms. Peterson elected to receive her 2015-2016 stock award, meeting fees, and retainer of Franklin Electric Co., Inc common stock, issuance of such shares deferred until she retires or otherwise leaves the Board of Directors (e.g. Stock Units). On November 17, 2016, Ms. Peterson was credited with 24.06 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.

F1 · derivative.expiration_date: 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 April 28, 2006, Ms. Peterson elected to receive her 2015-2016 stock award, meeting fees, and retainer of Franklin Electric Co., Inc common stock, issuance of such shares deferred until she retires or otherwise leaves the Board of Directors (e.g. Stock Units). On November 17, 2016, Ms. Peterson was credited with 24.06 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.

SEC source: 0000038725-16-000459 · wf-form4_147949432204761.xml · derivative · entry 1

SHERMAN JENNIFER L · CIK 0001282554 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,761.63

Underlying: common stock · 29.85 shares

Expires not disclosed

F1 · derivative.exercise_price: 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 April 28, 2006, Ms. Sherman elected to receive her 2014-2016 stock award, meeting fees, and retainer of Franklin Electric Co., Inc common stock, issuance of such shares deferred until she retires or otherwise leaves the Board of Directors (e.g. Stock Units). On November 17, 2016, Ms. Sherman was credited with 29.85 Stock Units for dividends that would have been paid on such deferred shares. 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.

F1 · derivative.exercise_date: 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 April 28, 2006, Ms. Sherman elected to receive her 2014-2016 stock award, meeting fees, and retainer of Franklin Electric Co., Inc common stock, issuance of such shares deferred until she retires or otherwise leaves the Board of Directors (e.g. Stock Units). On November 17, 2016, Ms. Sherman was credited with 29.85 Stock Units for dividends that would have been paid on such deferred shares. 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.

F1 · derivative.expiration_date: 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 April 28, 2006, Ms. Sherman elected to receive her 2014-2016 stock award, meeting fees, and retainer of Franklin Electric Co., Inc common stock, issuance of such shares deferred until she retires or otherwise leaves the Board of Directors (e.g. Stock Units). On November 17, 2016, Ms. Sherman was credited with 29.85 Stock Units for dividends that would have been paid on such deferred shares. 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.

SEC source: 0000038725-16-000457 · wf-form4_147949421441030.xml · derivative · entry 1

VERHAGE THOMAS R · CIK 0001282228 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 28,582.39

Underlying: common stock · 72.54 shares

Expires not disclosed

F1 · derivative.exercise_price: 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 April 28, 2006, Mr. VerHage elected to receive his 2011-2016 stock award, meeting fees and retainer in Franklin Electric Co., Inc. common stock, issuance of such shares deferred until he retires or otherwise leaves the Board of Directors (e.g. Stock Units). On November 17, 2016, Mr. VerHage was credited with 72.54 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.

F1 · derivative.exercise_date: 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 April 28, 2006, Mr. VerHage elected to receive his 2011-2016 stock award, meeting fees and retainer in Franklin Electric Co., Inc. common stock, issuance of such shares deferred until he retires or otherwise leaves the Board of Directors (e.g. Stock Units). On November 17, 2016, Mr. VerHage was credited with 72.54 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.

F1 · derivative.expiration_date: 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 April 28, 2006, Mr. VerHage elected to receive his 2011-2016 stock award, meeting fees and retainer in Franklin Electric Co., Inc. common stock, issuance of such shares deferred until he retires or otherwise leaves the Board of Directors (e.g. Stock Units). On November 17, 2016, Mr. VerHage was credited with 72.54 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.

SEC source: 0000038725-16-000453 · wf-form4_147949375137652.xml · derivative · entry 1

Wathen David M · CIK 0001326561 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 72,350.92

Underlying: common stock · 183.63 shares

Expires not disclosed

F1 · derivative.exercise_price: 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 April 28, 2006, Mr. Wathen elected to receive his 2005-2016 Board of Directors retainer, stock award, and meeting fees in Franklin Electric Co., Inc. common stock, issuance of such shares deferred until he retires or otherwise leaves the Board of Directors (e.g. Stock Units). On November 17, 2016, Mr. Wathen was credited with 183.63 Stock Units for dividends that would have been paid on such deferred shares. At distribution, Mr. Wathen may elect pursuant to the terms of the Plan to receive his deferred compensation either in shares of Franklin common stock or in cash.

F1 · derivative.exercise_date: 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 April 28, 2006, Mr. Wathen elected to receive his 2005-2016 Board of Directors retainer, stock award, and meeting fees in Franklin Electric Co., Inc. common stock, issuance of such shares deferred until he retires or otherwise leaves the Board of Directors (e.g. Stock Units). On November 17, 2016, Mr. Wathen was credited with 183.63 Stock Units for dividends that would have been paid on such deferred shares. At distribution, Mr. Wathen may elect pursuant to the terms of the Plan to receive his deferred compensation either in shares of Franklin common stock or in cash.

F1 · derivative.expiration_date: 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 April 28, 2006, Mr. Wathen elected to receive his 2005-2016 Board of Directors retainer, stock award, and meeting fees in Franklin Electric Co., Inc. common stock, issuance of such shares deferred until he retires or otherwise leaves the Board of Directors (e.g. Stock Units). On November 17, 2016, Mr. Wathen was credited with 183.63 Stock Units for dividends that would have been paid on such deferred shares. At distribution, Mr. Wathen may elect pursuant to the terms of the Plan to receive his deferred compensation either in shares of Franklin common stock or in cash.

SEC source: 0000038725-16-000455 · wf-form4_147949397149426.xml · derivative · entry 1

BROWN DAVID T · CIK 0001228301 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 64,162.95

Underlying: common stock · 162.85 shares

Expires not disclosed

F1 · derivative.exercise_price: 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 April 28, 2006, Mr. Brown elected to receive his 2008-2016 Board of Directors retainer, meeting fees and stock award in Franklin Electric Co., Inc. common stock, issuance of such shares deferred until he retires or otherwise leaves the Board of Directors (e.g. Stock Units). On November 17, 2016, Mr. Brown was credited with 162.85 Stock Units for dividends that would have been paid on such deferred shares. At distribution, Mr. Brown may elect pursuant to the terms of the Plan to receive his deferred compensation either in shares of Franklin common stock or in cash.

F1 · derivative.exercise_date: 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 April 28, 2006, Mr. Brown elected to receive his 2008-2016 Board of Directors retainer, meeting fees and stock award in Franklin Electric Co., Inc. common stock, issuance of such shares deferred until he retires or otherwise leaves the Board of Directors (e.g. Stock Units). On November 17, 2016, Mr. Brown was credited with 162.85 Stock Units for dividends that would have been paid on such deferred shares. At distribution, Mr. Brown may elect pursuant to the terms of the Plan to receive his deferred compensation either in shares of Franklin common stock or in cash.

F1 · derivative.expiration_date: 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 April 28, 2006, Mr. Brown elected to receive his 2008-2016 Board of Directors retainer, meeting fees and stock award in Franklin Electric Co., Inc. common stock, issuance of such shares deferred until he retires or otherwise leaves the Board of Directors (e.g. Stock Units). On November 17, 2016, Mr. Brown was credited with 162.85 Stock Units for dividends that would have been paid on such deferred shares. At distribution, Mr. Brown may elect pursuant to the terms of the Plan to receive his deferred compensation either in shares of Franklin common stock or in cash.

SEC source: 0000038725-16-000451 · wf-form4_147949366754095.xml · derivative · entry 1

ROBERTS DAVID A · CIK 0001198752 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,506.82

Underlying: common stock · 6.36 shares

Expires not disclosed

F1 · derivative.exercise_price: 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 April 28, 2006, Mr. Roberts elected to receive his 2004 Board of Directors retainer in Franklin Electric Co., Inc. common stock, issuance of such shares deferred until he retires or otherwise leaves the Board of Directors (e.g. Stock Units). On November 17, 2016, Mr. Roberts was credited with 6.36 Stock Units for dividends that would have been paid on such deferred shares. At distribution, Mr. Roberts may elect pursuant to the terms of the Plan to receive his deferred compensation either in shares of Franklin common stock or in cash.

F1 · derivative.exercise_date: 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 April 28, 2006, Mr. Roberts elected to receive his 2004 Board of Directors retainer in Franklin Electric Co., Inc. common stock, issuance of such shares deferred until he retires or otherwise leaves the Board of Directors (e.g. Stock Units). On November 17, 2016, Mr. Roberts was credited with 6.36 Stock Units for dividends that would have been paid on such deferred shares. At distribution, Mr. Roberts may elect pursuant to the terms of the Plan to receive his deferred compensation either in shares of Franklin common stock or in cash.

F1 · derivative.expiration_date: 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 April 28, 2006, Mr. Roberts elected to receive his 2004 Board of Directors retainer in Franklin Electric Co., Inc. common stock, issuance of such shares deferred until he retires or otherwise leaves the Board of Directors (e.g. Stock Units). On November 17, 2016, Mr. Roberts was credited with 6.36 Stock Units for dividends that would have been paid on such deferred shares. At distribution, Mr. Roberts may elect pursuant to the terms of the Plan to receive his deferred compensation either in shares of Franklin common stock or in cash.

SEC source: 0000038725-16-000449 · wf-form4_147923798581996.xml · derivative · entry 7

CROSE DANIEL J · CIK 0001230420 · Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: common stock · 11,956 shares

Expires 2022-05-04

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_date: The options become exercisable in four equal installments of 1/4 each year, beginning on the first anniversary of the grant date.

SEC source: 0000038725-16-000449 · wf-form4_147923798581996.xml · derivative · entry 6

CROSE DANIEL J · CIK 0001230420 · Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: common stock · 11,468 shares

Expires 2021-03-02

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_date: The options become exercisable in four equal installments of 1/4 each year, beginning on the first anniversary of the grant date.

SEC source: 0000038725-16-000449 · wf-form4_147923798581996.xml · derivative · entry 5

CROSE DANIEL J · CIK 0001230420 · Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: common stock · 13,200 shares

Expires 2020-02-22

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_date: The options become exercisable in four equal installments of 1/4 each year, beginning on the first anniversary of the grant date.

SEC source: 0000038725-16-000449 · wf-form4_147923798581996.xml · nonDerivative · entry 4

CROSE DANIEL J · CIK 0001230420 · Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 52,077

F1 · balance_after: Includes 2,553 restricted stock units that vest 4 years after the 2/25/2016 grant date, 1,963 restricted stock units that vest 4 years after the 2/26/2015 grant date, 1,629 restricted stock units that vest 4 years after the 3/4/2014 grant date, 2,102 restricted stock units that vest 4 years after the 3/6/2013 grant date and 43,830 shares owned outright.

SEC source: 0000038725-16-000449 · wf-form4_147923798581996.xml · nonDerivative · entry 3

CROSE DANIEL J · CIK 0001230420 · Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 75,691

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0000038725-16-000449 · wf-form4_147923798581996.xml · nonDerivative · entry 2

CROSE DANIEL J · CIK 0001230420 · Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 63,735

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0000038725-16-000449 · wf-form4_147923798581996.xml · nonDerivative · entry 1

CROSE DANIEL J · CIK 0001230420 · Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 52,267

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0000038725-16-000447 · wf-form4_147923723137027.xml · nonDerivative · entry 1

SENGSTACK GREGG C · CIK 0001189242 · Chairman and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 369,549

F1 · shares: Shares gifted

F2 · balance_after: Includes 19,085 restricted stock units that vest 4 years from the 2/25/2016 grant date, 14,317 restricted stock units that vest 4 years from the 2/26/2015 grant date, 5,290 restricted stock units that vest 4 years from the 5/6/2014 grant date, 4,562 restricted stock units that vest 4 years from the 3/4/2014 grant date, 6,068 restricted stock units that vest 4 years from the 3/6/2013 grant date, and 320,227 shares owned outright.

SEC source: 0000038725-16-000445 · wf-form4_147914176111408.xml · derivative · entry 6

STONE ROBERT J · CIK 0001230024 · Sr. Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 10,600

Underlying: common stock · 9,900 shares

Expires 2018-02-28

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: This exercise of stock options and corresponding sale of shares was pursuant to a Rule 10b5-1 trading plan entered into by the reporting person.

F3 · derivative.exercise_date: The options become exercisable in four equal installments of 1/4 each year, beginning on the first anniversary of the grant date.

SEC source: 0000038725-16-000445 · wf-form4_147914176111408.xml · nonDerivative · entry 4

STONE ROBERT J · CIK 0001230024 · Sr. Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 26,359

F1 · kind: This exercise of stock options and corresponding sale of shares was pursuant to a Rule 10b5-1 trading plan entered into by the reporting person.

F2 · balance_after: Includes 4,797 restricted shares that vest 4 years after the 2/25/2016 grant date, 3,681 restricted shares that vest 4 years after the 2/26/2015 grant date, 3,030 restricted shares that vest 4 years after the 3/4/2014 grant date, 3,910 restricted shares that vest 4 years after the 3/6/2013 grant date, and 10,941 shares held outright.

SEC source: 0000038725-16-000445 · wf-form4_147914176111408.xml · nonDerivative · entry 3

STONE ROBERT J · CIK 0001230024 · Sr. Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 36,259

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · kind: This exercise of stock options and corresponding sale of shares was pursuant to a Rule 10b5-1 trading plan entered into by the reporting person.

SEC source: 0000038725-16-000445 · wf-form4_147914176111408.xml · derivative · entry 5

STONE ROBERT J · CIK 0001230024 · Sr. Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 20,500

Underlying: common stock · 100 shares

Expires 2018-02-28

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: This exercise of stock options and corresponding sale of shares was pursuant to a Rule 10b5-1 trading plan entered into by the reporting person.

F3 · derivative.exercise_date: The options become exercisable in four equal installments of 1/4 each year, beginning on the first anniversary of the grant date.

SEC source: 0000038725-16-000445 · wf-form4_147914176111408.xml · nonDerivative · entry 2

STONE ROBERT J · CIK 0001230024 · Sr. Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 26,359

F1 · kind: This exercise of stock options and corresponding sale of shares was pursuant to a Rule 10b5-1 trading plan entered into by the reporting person.

SEC source: 0000038725-16-000445 · wf-form4_147914176111408.xml · nonDerivative · entry 1

STONE ROBERT J · CIK 0001230024 · Sr. Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 26,459

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · kind: This exercise of stock options and corresponding sale of shares was pursuant to a Rule 10b5-1 trading plan entered into by the reporting person.

SEC source: 0000038725-16-000443 · wf-form4_147913608131510.xml · derivative · entry 3

Aikman Steven William · CIK 0001492799 · VP, Global Water Systems Engin

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: common stock · 5,700 shares

Expires 2021-03-02

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_date: The options become exercisable in four equal installments of 1/4 each year, beginning on the first anniversary of the grant date.

SEC source: 0000038725-16-000443 · wf-form4_147913608131510.xml · nonDerivative · entry 2

Aikman Steven William · CIK 0001492799 · VP, Global Water Systems Engin

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 13,913

F1 · balance_after: Includes 2,146 restricted shares that vest 4 years after the 2/25/2016 grant date, 1,636 restricted shares that vest 4 years after the 2/26/2015, 1,317 restricted shares that vest 4 years after the 3/4/2014 grant date, 1,412 restricted shares that vest 4 years after the 3/6/2013 grant date, and 7,402 shares owned outright

SEC source: 0000038725-16-000443 · wf-form4_147913608131510.xml · nonDerivative · entry 1

Aikman Steven William · CIK 0001492799 · VP, Global Water Systems Engin

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 19,613

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.