FRANKLIN ELECTRIC CO INC — Director's Dealing 2011

Nov 7, 2011

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: davis delancey w (Vice President)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-11-04	option	$49.75	M	1625	Disposed	2015-05-16	common stock (0)	Direct
2011-11-04	option	$45.9	M	4900	Disposed	2016-02-17	common stock (0)	Direct
2011-11-04	option	$48.87	M	4600	Disposed	2017-02-09	common stock (0)	Direct
2011-11-04	option	$32.19	M	925	Disposed	2018-02-28	common stock (2425)	Direct
2011-11-04	option	$17.34	M	810	Disposed	2019-03-05	common stock (13205)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
common stock	58	Indirect
common stock	4000	Direct
common stock	2500	Direct
common stock	2093	Direct
common stock	1637	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
option	$28.82	2020-02-22	common stock (6000)	21630	Direct
option	$43.43	2021-03-02	common stock (6649)	28279	Direct

Footnotes

F1: 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.

F2: Shares vest at the end of 3 years.

F3: Shares vest at the end of 4 years.

F4: The options become exercisable in four equal installments of 1/4 ear year, beginning on the first anniversary of the grant date.