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FRANKLIN ELECTRIC CO INC Director's Dealing 2011

Nov 14, 2011

31143_dirs_2011-11-14_d3d4fdfd-bc5a-4e96-89ef-8360f50d2a32.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: 2011-11-04

Reporting Person: SENGSTACK GREGG C (Sr. Vice President)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-11-04 common stock M 26000 $19.64 Acquired 188153 Direct
2011-11-04 common stock F 16692 $49.75 Disposed 171461 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2011-11-04 option $19.64 M 26000 Disposed 2011-12-13 common stock (26000) Direct

Holdings (Non-Derivative)

Security Shares Ownership
common stock 14046 Indirect

Footnotes

F1: Options became exercisable in 5 equal installments of 1/5 each year, beginning on the first anniversary of the 12/13/2001 grant date.

F2: Includes:
4000 restricted shares that vest three years from the 4/28/2009 grant date, 4000 restricted shares that vest four years from the 2/22/2010 grant date, 3377 restricted shares that vest four years from the 3/2/2011 grant date, and 160,084 shares owned outright.

F3: Holdings within the Franklin Electric Co., Inc. Directed Investment Salary Plan Trust. The information reported herein is based on a plan statement as of December 31, 2010.