FRANKLIN ELECTRIC CO INC — Director's Dealing 2011

Sep 16, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FRANKLIN ELECTRIC CO INC (fele)
CIK: 0000038725
Period of Report: 2011-09-14

Reporting Person: CROSE DANIEL J (Vice President)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-09-14	option	$19.4	M	20000	Disposed	2011-11-01	common stock (20000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
common stock	1956.887	Indirect
common stock	4000	Direct
common stock	2100	Direct
common stock	1805	Direct
common stock	6634	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
option	$24.08	2012-12-13	common stock (30000)	30000	Direct
option	$29.95	2014-02-12	common stock (7200)	37200	Direct
option	$40.93	2015-02-10	common stock (5450)	42650	Direct
option	$45.9	2016-02-17	common stock (3300)	45950	Direct
option	$48.87	2017-02-09	common stock (2600)	48550	Direct
option	$32.19	2018-02-28	common stock (9700)	58250	Direct
option	$17.34	2019-03-05	common stock (18729)	76979	Direct
option	$28.82	2020-02-22	common stock (6600)	83579	Direct
option	$43.43	2021-03-02	common stock (5734)	89313	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 three years

F3: shares vest at the end of 4 years

F4: The options become exercisable in five equal installments of 1/5 each year, beginning on the first anniversary of the grant date.

F5: The options become exercisable in four equal installments of 1/4 each year, beginning on the first anniversary of the grant date.