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* ------------------------------------ Juris Vikmanis 65 Abrams Road Cheshire, CT 06410 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 ---------------------------- 02/10/03 If Amendment, Date of Original (Month/Year) ------------------------------------------ Relationship of Reporting Person(s) to Issuer (Check all Applicable) -------------------- X Director 10% Owner ----- ----- Officer (Give Title Below) 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 3 4 5 6 7 Title of Transaction Transaction Securities Amount of Ownership: Nature of Security Date Code Acquired (A) Securities Direct (D) Indirect (Instr 3) (M/D/Y) (Instr 8) or Disposed Of(D) Benficially or Beneficial (Instr 3,4,5) Owned at Indirect (I) Ownership End of Month (Instr 4) (Instr 4) (Instr 3 & 4) Code V Amount A or D Price ----------------------------------------------------------------------------------------------------------- Common Stock 02/06/03 S 1300 D 51.15 Common Stock 02/07/03 S 200 D 50.30 Common Stock 02/07/03 S 100 D 50.43 Common Stock 02/07/03 S 203 D 50.57 Common Stock 02/07/03 S 300 D 50.51 12097 D ----------------------------------------------------------------------------------------------------------- 3 Table II Derivative Securities Acquired, Disposed Of, or Beneficially Owned (Puts, Calls, Warrants, Options, Convertible Securities) --------------------------------------------------------------------------------------------------------------------------------- 1 2 3 4 5 6 7 8 9 10 11 Title Conver- Trans- Trans- Number Date Title & Price Number Own- Nature of sion or action action of Deri- Exer- Amount of of of Der- ership: of Indirect Deriv- Exercise Date Code vative cisable Under- Deriv- ivative Direct Beneficial ative Price of (M/D/Y) (Ins 8) Securi- & Expir- lying ative Securi- (D) or Ownership Secur- Deriva- ties ation Securities Secur- ties In- (Inst 4) ity tive Acquired Date (Instr 3 & 4) ity Owned at direct (Ins 3) Security (A) or (M/D/Y) (Ins 5) End of (I) Disposed of Month (Ins 4) (D) (Ins 4) (Ins 3,4,5) Num Date Expir of Code V (A) (D) Exer Date Title Shrs ---------------------------------------------------------------------------------------------------------------------------------- Option(right to buy) C.Stock 30000 D ---------------------------------------------------------------------------------------------------------------------------------- 1 5