Ownership Submission
FORM 3
 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF 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
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Peltola Esa
 2. Date of Event Requiring Statement (Month/Day/Year)
07/17/2007		 3. Issuer Name and Ticker or Trading Symbol
FEDERAL SIGNAL CORP /DE/ [fss]
(Last)
(First)
(Middle)
1415 WEST 22ND STREET, SUITE 1100		 4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
President - Bronto Skylift
 5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

OAK BROOK, IL 60523		 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 Beneficially Owned
1.Title of Security
(Instr. 4)		 2. Amount of Securities Beneficially Owned
(Instr. 4)		 3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)		 4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 7,251.733 (1)
D
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)		 2. Date Exercisable and Expiration Date
(Month/Day/Year)		 3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)		 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)		 6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (right-to-buy)   (2) 12/11/2007 Common Stock 400 $ 20.4375 D  
Employee Stock Option (right-to-buy)   (2) 07/08/2009 Common Stock 750 $ 21.25 D  
Employee Stock Option (right-to-buy)   (2) 12/09/2009 Common Stock 1,000 $ 16.0625 D  
Employee Stock Option (right-to-buy)   (2) 02/01/2011 Common Stock 750 $ 21.95 D  
Employee Stock Option (right-to-buy)   (2) 02/06/2012 Common Stock 1,000 $ 23.21 D  
Employee Stock Option (right-to-buy)   (2) 04/17/2013 Common Stock 800 $ 16.02 D  
Employee Stock Option (right-to-buy)   (2) 02/12/2014 Common Stock 1,000 $ 18.89 D  
Employee Stock Option (right-to-buy)   (3) 02/08/2016 Common Stock 3,900 $ 16.94 D  
Employee Stock Option (right-to-buy)   (4) 02/26/2017 Common Stock 3,400 $ 16.1 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Peltola Esa
1415 WEST 22ND STREET
SUITE 1100
OAK BROOK, IL 60523		       President - Bronto Skylift  

Signatures

Jennifer L. Sherman, attorney-in-fact for Esa Peltola 07/24/2007
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(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) Some shares are subject to restrictions and forfeiture under Stock Benefit Plan.
(2) Option is fully vested and exercisable as of the date hereof.
(3) 1,300 of these options are fully vested and exercisable as of the date hereof; 1,300 shares will become exercisable on 2/8/2008 and the remaining 1,300 shares will become exercisable on 2/8/2009.
(4) Option becomes exercisable as to 1,134 shares on 2/26/2008; 1,133 shares become exercisable on 2/26/2009 and the remaining 1,133 shares will become exercisable on 2/26/2010.

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