FRANKLIN ELECTRIC CO INC — Director's Dealing 2004

Aug 13, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FRANKLIN ELECTRIC CO INC (fele)
CIK: 0000038725
Period of Report: 2004-08-13

Reporting Person: LITTLE ROBERT H (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-08-13	Common Stock	M	12000	$10.375	Acquired	27490	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-08-13	Option	$10.375	M	12000	Disposed	2007-04-11	Common Stock (12000)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Option	$17.375	2010-04-14	Common Stock (20000)	20000	Direct
Option	$17	2011-04-20	Common Stock (20000)	40000	Direct
Option	$24.9755	2012-04-19	Common Stock (20000)	60000	Direct
Option	$25.225	2013-04-25	Common Stock (8000)	68000	Direct
Option	$32.51	2014-05-05	Common Stock (8000)	76000	Direct

Footnotes

F1: The options become exercisable in three equal installments of 1/3 each year, beginning on the first anniversary of the grant date.