STRATTEC SECURITY CORP — Director's Dealing 2004

Apr 20, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: STRATTEC SECURITY CORP (STRT)
CIK: 0000933034
Period of Report: 2004-04-19

Reporting Person: STRATTON HAROLD M II (Director, Chairman of Board and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-04-19	Common Stock, par value $.01 per share	M	9950	$45.79	Acquired	53014	Direct
2004-04-19	Common Stock, par value $.01 per share	M	8500	$11.75	Acquired	61514	Direct
2004-04-20	Common Stock, par value $.01 per share	S	15500	$65.509	Disposed	46014	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-04-19	Common Stock Option	$45.79	M	9950	Disposed	2004-08-24	Common Stock (9950)	Direct
2004-04-19	Common Stock Option	$11.75	M	8500	Disposed	2005-02-27	Common Stock (8500)	Direct

Footnotes

F1: Mr. Stratton also owns indirectly: 22 shares in the STRATTEC SECURITY CORPORATION Employee Saivngs and Investment Plan Trust; 169 shares are held by Mr. Stratton's spouse; Mr. Stratton is custodian over 1,479 shares on behalf of his children; 10,100 shares are held in trusts as to which Mr. Stratton is co-trustee and beneficiary; and Mr. Stratton's brother is custodian over 900 shares on behalf of his children.

F2: One-half of the option was exercisable as of February 27, 1996 and one-half of the option was exercisable as of February 27, 1997.