X0202 4 2007-04-26 0 0000038725 FRANKLIN ELECTRIC CO INC fele 0001326561 Wathen David M 5155 INKSTER ROAD BLOOMFIELD HILLS MI 48302 1 0 0 0 Common Stock 2249 D Stock Units 2007-04-26 4 A 0 866.99 A Common Stock 866.99 4272.45 D Stock Units 2007-04-27 4 A 0 1838.66 A Common Stock 1838.66 6111.11 D 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. Wathen elected to receive his 2005 board of directors retainer and his 2006 and 2007 retainer, meeting fees and stock award 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 April 26, 2007, Mr. Wathen was credited with 798.54 Stock Units for payment of his annual retainer and 68.45 Stock Units for payment of board meeting fees. At distribution, Mr. Wathen may elect pursuant to the terms of the Plan to receive his deferred compensation either in shares of Franklin common stock or in cash. Pursuant to terms of the Nonemployee Director' Deferred Compensation Plan approved by the board of directors on February 11, 2000 and amended and restated on April 28, 2006, Mr. Wathen elected to receive his 2005 board of directors retainer and his 2006 and 2007 retainer, meeting fees and stock award 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 April 27, 2007, Mr. Wathen was credited with 1,838.66 Stock Units for his 2007 stock award. At distribution, Mr. Wathen may elect pursuant to the terms of the Plan to receive his deferred compensation either in shares of Franklin common stock or in cash. Michael K. Butchko, Power of Attorney for David M. Wathen 2007-04-30