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 *
  Guile Peter
 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 - E-One, Inc.
 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 20,392.175 (1)
D
 
Common Stock 963.874
I
401(k) plan

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) 12/10/2008 Common Stock 1,000 $ 23.75 D  
Employee Stock Option (right-to-buy)   (2) 07/08/2009 Common Stock 1,000 $ 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 10,000 $ 21.95 D  
Employee Stock Option (right-to-buy)   (2) 02/06/2012 Common Stock 1,250 $ 23.21 D  
Employee Stock Option (right-to-buy)   (2) 04/17/2013 Common Stock 1,250 $ 16.02 D  
Employee Stock Option (right-to-buy)   (2) 02/12/2014 Common Stock 2,500 $ 18.89 D  
Employee Stock Option (right-to-buy)   (3) 02/10/2015 Common Stock 7,400 $ 16.01 D  
Employee Stock Option (right-to-buy)   (4) 02/08/2016 Common Stock 7,850 $ 16.94 D  
Employee Stock Option (right-to-buy)   (5) 02/26/2017 Common Stock 6,100 $ 16.1 D  
Employee Stock Option (right-to-buy)   (6) 07/17/2017 Common Stock 5,000 $ 16.09 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Guile Peter
1415 WEST 22ND STREET
SUITE 1100
OAK BROOK, IL 60523		       President - E-One, Inc.  

Signatures

Jennifer L. Sherman, attorney-in-fact for Peter Guile 07/20/2007
**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 Company Stock Benefit Plan.
(2) Option is fully vested and exercisable as of the date hereof.
(3) 4,933 shares of these options are fully vested and exercisable as of the date hereof; the remaining 2,467 shares will become exercisable on 2/10/2008.
(4) 2,617 of these options are fully vested and exercisable as of the date hereof; 2,616 shares become exercisable on 2/8/2008 and the remaining 2,617 shares will become exercisable on 2/8/2009.
(5) Option becomes exercisable as to 2,034 shares on 2/26/2008; 2,033 shares become exercisable on 2/26/2009 and the remaining 2,033 options will become exercisable on 2/26/2010.
(6) Option becomes exercisable as to 1,667 shares on 7/17/2008; 1,666 shares become exercisable on 7/17/2009 and the remaining 1,667 shares on 7/17/2010.

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