-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, AIaXrvQ/wdXsnQn6wHe6JyDIjbUWHu42a9m6YDAwScgiylPiRrTuzEJ++fk0mqQD CZSun/yJfR5rRT4c8bkZGw== 0000038725-07-000027.txt : 20070223 0000038725-07-000027.hdr.sgml : 20070223 20070223151958 ACCESSION NUMBER: 0000038725-07-000027 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20070222 FILED AS OF DATE: 20070223 DATE AS OF CHANGE: 20070223 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: FRANKLIN ELECTRIC CO INC CENTRAL INDEX KEY: 0000038725 STANDARD INDUSTRIAL CLASSIFICATION: MOTORS & GENERATORS [3621] IRS NUMBER: 350827455 STATE OF INCORPORATION: IN FISCAL YEAR END: 0103 BUSINESS ADDRESS: STREET 1: 400 E SPRING ST CITY: BLUFFTON STATE: IN ZIP: 46714 BUSINESS PHONE: 2608242900 MAIL ADDRESS: STREET 1: 400 E SPRING STREET CITY: BLUFFTON STATE: IN ZIP: 46714 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: TRUMBULL R SCOTT CENTRAL INDEX KEY: 0001210705 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-00362 FILM NUMBER: 07645545 BUSINESS ADDRESS: BUSINESS PHONE: 2608242900 MAIL ADDRESS: STREET 1: FRANKLIN ELECTRIC CO., INC. STREET 2: 400 E SPRING STREET CITY: BLUFFTON STATE: IN ZIP: 46714 4 1 primary_doc.xml PRIMARY DOCUMENT X0202 4 2007-02-22 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 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 2017-02-09 Common Stock 14500 314430 D Stock Units 2007-02-22 4 A 0 4 A Common Stock 4 1843 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 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 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). On February 22, 2007, Mr. Trumbull was credited with 4 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 2007-02-23 -----END PRIVACY-ENHANCED MESSAGE-----