FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed 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(h) of the Investment Company Act of 1940

OMB APPROVAL OMB Number: 3235-0287 Expires: January 31, 2005 Estimated average burden hours per response... 0.5

(Print or Type Responses)

1. Name and Address of Reporting Person * SENGSTACK GREGG C   2. Issuer Name and Ticker or Trading Symbol FRANKLIN ELECTRIC CO INC [fele] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) Sr. Vice President (Last) (First) (Middle) FRANKLIN ELECTRIC CO INC, 400 EAST SPRING ST 3. Date of Earliest Transaction (Month/Day/Year) 03/02/2011 (Street) BLUFFTON, IN 46714 4. If Amendment, Date Original Filed(Month/Day/Year) 6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price common stock               14,046 (1) I 401(K) common stock               4,000 (2) D   common stock               4,000 (3) D   common stock 03/02/2011   A   3,377 A $ 43.43 3,377 (3) D   common stock               2,300 (4) D   common stock               150,776 D

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
	Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.		SEC 1474 (9-02)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Underlying Securities (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
option	$ 19.64							(5)	12/13/2011	common stock	26,000		26,000	D
option	$ 24.08							(5)	12/13/2012	common stock	16,000		42,000	D
option	$ 29.95							(5)	02/12/2014	common stock	16,000		58,000	D
option	$ 40.93							(6)	02/10/2015	common stock	9,000		67,000	D
option	$ 45.9							(6)	02/17/2016	common stock	3,900		70,900	D
option	$ 48.87							(6)	02/09/2017	common stock	3,600		74,500	D
option	$ 32.19							(6)	02/28/2018	common stock	15,300		89,800	D
option	$ 17.34							(6)	03/05/2019	common stock	31,724		121,524	D
option	$ 28.82							(6)	02/22/2020	common stock	12,800		134,324	D
option	$ 43.43	03/02/2011		A		10,730		(6)	03/02/2011	common stock	10,730	$ 43.43	145,054	D

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
SENGSTACK GREGG C FRANKLIN ELECTRIC CO INC 400 EAST SPRING ST BLUFFTON, IN 46714			Sr. Vice President

Signatures

Gregg C. Sengstack		03/04/2011
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	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, 2010.
(2)	The shares vest at the end of three years.
(3)	The shares vest at the end of four years.
(4)	these shares had a 4 year vest ending 2/9/2011. Shares will be released upon analysis of performance metrics.
(5)	The options become exercisable in five equal installments of 1/5 each year, beginning on the first anniversary of the grant date.
(6)	The options become exercisable in four equal installments of 1/4 each year, beginning on the first anniversary of the grant date.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.