STRATTEC SECURITY CORP — Director's Dealing 2005

Jan 26, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: STRATTEC SECURITY CORP (STRT)
CIK: 0000933034
Period of Report: 2005-01-24

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-01-24	Common Stock, par value $.01 per share	M	8500	$11.75	Acquired	50764	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-01-24	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 Savings 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.