X0202 4 2007-02-09 0 0000038725 FRANKLIN ELECTRIC CO INC fele 0001210705 TRUMBULL R SCOTT FRANKLIN ELECTRIC CO., INC. 400 E SPRING STREET BLUFFTON IN 46714 1 1 0 0 Chairman and CEO Common Stock 116870 D Common Stock 2007-02-09 4 A 0 9400 48.87 A 16100 D Common Stock 592 I 401(k) Common Stock 575 I ESOP Option 24.9755 2012-04-19 Common Stock 20000 20000 D Option 24.005 2013-01-01 Common Stock 170430 190430 D Option 29.95 2014-02-12 Common Stock 60800 251230 D Option 40.93 2015-02-10 Common Stock 30200 281430 D Option 45.9 2016-02-17 Common Stock 18500 299930 D Option 48.87 2007-02-09 4 A 0 14500 48.87 A 2017-02-09 Common Stock 14500 314430 D Stock Units Common Stock 1839 1839 D The shares vest at the end of four years subject to the performance of certain goals. If these goals are not attained, the shares will be forfeited. Holdings within the Franklin Electric Directed Investment Salary Plan ("401k Plan") Trust. The information reported herein is based on a plan statement reporting December 31, 2006 holdings under the 401k Plan. Allocation of shares under the Franklin Electric Co., Inc. Employee Stock Ownership Plan ("ESOP") Trust. The information reported herein was provided by the trustee for holdings as of December 31, 2006. The options become exercisable in three equal installments of 1/3 each year, beginning on the first anniversary of the grant date. The options become exercisable in four equal installments of 1/4 each year, beginning on the first anniversary of the grant date. The options become exercisable in five equal installments of 1/5 each year, beginning on the first anniversary of the grant date. 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 2000 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). 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. R. Scott Trumbull 2007-02-12