VON ARX DOLPH W 4
4 · CREE INC · Filed Mar 5, 2010
Insider Transaction Report
Form 4
CREE INCCREE
VON ARX DOLPH W
Director
Transactions
- Gift
COMMON STOCK
2010-02-22−150→ 510,935 total - Sale
COMMON STOCK
2010-03-04$68.73/sh−25,000$1,718,250→ 485,935 total
Footnotes (2)
- [F1]The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $68.56 to $68.83, inclusive. Mr. von Arx undertakes to provide to Cree, Inc., any security holder of Cree, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F2]Of the 485,935 shares reported, (1) 63,500 shares are held directly; (2) 392,435 shares are held indirectly in a revocable living trust for the benefit of Mr. von Arx; (3) 15,000 shares are held indirectly in a revocable living trust for the benefit of Mr. von Arx's spouse; and (4) 15,000 shares are held indirectly in a family trust. Mr. von Arx disclaims beneficial ownership of the 15,000 shares held by the family trust.