FRANKLIN ELECTRIC CO INC — Director's Dealing 2011

Sep 12, 2011

SEC Form 4/A — Form 4/A

Issuer: FRANKLIN ELECTRIC CO INC (fele)
CIK: 0000038725
Period of Report: 2011-08-25

Reporting Person: TRUMBULL R SCOTT (Chairman and CEO)

Holdings (Non-Derivative)

Security	Shares	Ownership
common stock	2711	Indirect
common stock	12500	Direct
common stock	13564	Direct
common stock	1814	Direct
common stock	164657	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
option	$24.01	2013-01-01	common stock (80430)	80430	Direct
option	$29.95	2014-02-12	common stock (60800)	141230	Direct
option	$40.93	2015-02-10	common stock (30200)	171430	Direct
option	$45.9	2016-02-17	common stock (18500)	189930	Direct
option	$48.87	2017-02-09	common stock (14500)	204430	Direct
option	$32.19	2018-02-28	common stock (57300)	261730	Direct
option	$17.34	2019-03-05	common stock (100000)	361730	Direct
option	$28.82	2020-02-22	common stock (39900)	401630	Direct
option	$43.43	2021-03-02	common stock (43096)	444726	Direct
stock units	$		common stock (1971.78)	1971.78	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 4 years.

F3: The awards vest in three equal installments of 1/3 each year, beginning on the first anniversary of the grant date.

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.

F6: Pursuant to terms of the Nonemployee Directors' Deferred Compensation Plan approved by the board of directors on February 11, 2000 and amended and restated on April 28, 2006, Mr. Trumbull elected to receive his board of directors retainer in Franklin Electric Co., Inc. common stock, issuance of such shares deferred until he retires or otherwise leaves the board of directors (e.g. Stock Units). On August 25, 2011, Mr. Trumbull was credited with 6.71 Stock Units for dividends that would have been paid on such deferred shares. At distribution, Mr. Trumbull may elect pursuant to the terms of the Plan to receive his deferred compensation either in shares of Franklin common stock or in cash.