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FRANKLIN ELECTRIC CO INC Director's Dealing 2005

Feb 18, 2005

31143_dirs_2005-02-18_d93e3a6e-c168-40e9-b327-fd0bb07e0bfc.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FRANKLIN ELECTRIC CO INC (FELE)
CIK: 0000038725
Period of Report: 2005-02-16

Reporting Person: WITT HOWARD B (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2005-02-16 Common Stock S 1800 $40.95 Disposed 17800 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Option $15.985 2009-04-16 Common Stock (12000) 12000 Direct
Option $17.375 2010-04-14 Common Stock (20000) 32000 Direct
Option $17 2011-04-20 Common Stock (20000) 52000 Direct
Option $24.9755 2012-04-19 Common Stock (20000) 72000 Direct
Option $25.225 2013-04-25 Common Stock (8000) 80000 Direct
Option $32.51 2014-05-05 Common Stock (8000) 88000 Direct

Footnotes

F1: Information about securities and derivative securities share amounts and prices presented in the attached Form 4 reflect the impact of a two-for-one stock split. The stock split was effected in the form of a 100% stock distribution of one additional share of Franklin Electric Co., Inc. Common Stock for each share of Common Stock held of record on May 28, 2004. The additional shares were distributed on June 15, 2004.

F2: The options become exercisable in three equal installments of 1/3 each year, beginning on the first anniversary of the grant date.