4 1 rnevins_042203.txt FORM 4 - NEVINS FORM 4 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 _________ [X] STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP PURSUANT TO SECTION 16(a) OF THE SECURITIES EXCHANGE ACT OF 1934, SECTION 17(a) OF THE PUBLIC UTILITY HOLDING COMPANY ACT OF 1935 OR SECTION 30(f) of the INVESTMENT COMPANY ACT OF 1940 Name and Address of Reporting Person* ------------------------------------ Kirk M. Nevins 400 E. Spring Street Bluffton, IN 46714 Issuer Name and Ticker or Trading Symbol ---------------------------------------- Franklin Electric Co., Inc. (FELE) IRS or Social Security Number of Reporting Person (Voluntary) ------------------------------------------------------------- Statement for Month/Day/Year ---------------------------- 04/22/03 If Amendment, Date of Original (Month/Day/Year) ----------------------------------------------- Relationship of Reporting Person(s) to Issuer (Check all Applicable) -------------------- Director 10% Owner ----- ----- X Officer (Vice President-Sales) Other (Specify Below) ----- ----- Individual or Joint/Group Filing (Check Applicable Line) --------------------- X Filed by One Reporting Person ----- Filed by More Than One Reporting Person ----- 2
Table I Non-Derivative Securities Acquired, Disposed Of, or Beneficially Owned ----------------------------------------------------------------------------------------------------------- 1 2 2A 3 4 5 6 7 Title of Tran Deemed Transaction Securities Amount of Ownership: Nature of Security Date Exec Code Acquired (A) Securities Form: Dir Indirect (Instr 3) (M/D/Y) Date, (Instr 8) or Disposed Of(D) Benficially (D) or Beneficial if (Instr 3,4,5) Owned follow Indirect (I) Ownership any Report Trans (Instr 4) (Instr 4) (M/D/Y) (Instr 3 & 4) Code V Amount A or D Price ----------------------------------------------------------------------------------------------------------- Common St 04/22/03 M 20000 A 21.00 Common St 04/22/03 M 3500 A 32.25 Common St 04/22/03 S 12000 D 49.15 Common St 04/22/03 S 11500 D 49.14 1700 D Common St 258 I 401k Common St 2532 I ESOP -----------------------------------------------------------------------------------------------------------
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Table II Derivative Securities Acquired, Disposed Of, or Beneficially Owned (Puts, Calls, Warrants, Options, Convertible Securities) ----------------------------------------------------------------------------------------------------------------------------------- 1 2 3 3A 4 5 6 7 8 9 10 11 Title Conver- Trans- Deem Trans- Number Date Title & Price Number Own- Nature of sion or action Exec action of Deri- Exer- Amount of of of Der- ership: of Indir Deriv- Exercise Date Date, Code vative cisable Under- Deriv- ivative Form of Benefic ative Price of (M/D/Y) if (Ins 8) Securi- & Expir- lying ative Securi- Dir Sec Ownershp Secur- Deriva- any ties ation Securities Secur- ties Direct (Inst 4) ity tive (M/D/Y) Acquired Date (Instr 3 & 4) ity Benef (D) or (Ins 3) Security (A) or (M/D/Y) (Ins 5) Owned Indirect Disposed of follow (I) (D) Rep Tran (Ins 4) (Ins 3,4,5) (Ins 4) Num Date Expir of Code V (A) (D) Exer Date Title Shrs ----------------------------------------------------------------------------------------------------------------------------------- Option (right to buy) 21.00 04/22/03 M 20000 12/13/06 C Stock 20000 21.00 Option (right to buy) 32.25 04/22/03 M 3500 7/28/10 C Stock 3500 32.25 24000 D ----------------------------------------------------------------------------------------------------------------------------------- /s/ Kirk M. Nevins April 23, 2003 ------------------------------------------------------------ ----------------- Signature of Reporting Person Date 4 NOTES ----- 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, 2002 holdings under the 401k Plan. Allocation of shares under the Franklin Electric Co., Inc. Employee Stock Ownership Plan Trust ("ESOP"). The information reported herein was provided by the trustee for holdings as of December 31, 2002.
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