X0303 4 2010-02-25 0 0000038725 FRANKLIN ELECTRIC CO INC fele 0001210705 TRUMBULL R SCOTT FRANKLIN ELECTRIC CO., INC. 400 E SPRING STREET BLUFFTON IN 46714 0 1 0 0 Chairman & CEO common stock 16100 D common stock 1345 I 401(K) common stock 1031 I ESOP common stock 12500 D common stock 2720 D common stock 158900 D option 27.9755 2009-04-19 common stock 20000 20000 D option 24.005 2013-01-01 common stock 80430 100430 D option 29.95 2014-02-13 common stock 60800 161230 D option 40.93 2015-02-10 common stock 30200 191430 D option 45.9 2016-02-17 common stock 18500 209930 D option 48.87 2017-02-09 common stock 14500 224430 D option 32.19 2018-02-28 common stock 57300 281730 D option 17.34 2019-03-05 common stock 100000 381730 D option 28.82 2020-02-22 common stock 39900 421630 D stock units 2010-02-25 4 A 0 8.28 A common stock 8.28 1930.19 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 Co., Inc. Directed Investment Salary Plan Trust. The information reported herein is based on a plan statement as of December 31, 2009. Allocation of shares under the Franklin Electric Co., Inc. Employee Stock Ownership Plan Trust. The information reported herein was provided by the trustee for holdings as of December 31, 2009. The shares vest at the end of four years. These shares vest evenly throughout the next three years. 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 five equal installments of 1/5 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. 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 2010 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 February 25, 2010, Mr. Trumbull was credited with 8.28 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. R. Scott Trumbull 2010-03-01