CREE INC 4

4 · CREE INC · Filed Sep 2, 2011

Form 4

Period: 2011-08-31

Director

Transactions

Exercise/Conversion
COMMON STOCK
2011-08-31$31.24/sh+16,000$499,840→ 36,000 total
Award
NONQUALIFIED STOCK OPTION (RIGHT TO BUY)
2011-09-01+4,000→ 4,000 total
Exercise: $30.92From: 2012-09-01Exp: 2018-09-01→ COMMON STOCK (4,000 underlying)
Exercise/Conversion
NONQUALIFIED STOCK OPTION (RIGHT TO BUY)
2011-08-31−16,000→ 0 total
Exercise: $31.24From: 2004-12-31Exp: 2011-10-01→ COMMON STOCK (16,000 underlying)
Sale
COMMON STOCK
2011-08-31$32.12/sh−16,000$513,920→ 20,000 total
Award
COMMON STOCK
2011-09-01+4,000→ 24,000 total

Footnotes (4)

[F1]The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by Mr. Wagner on May 17, 2011.
[F2]The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $31.90 to $32.25, inclusive. Mr. Wagner 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.
[F3]Restricted stock award vesting September 1, 2012.
[F4]Option vested as to 4,000 shares on each of December 31, 2004, March 31, 2005, June 30, 2005 and September 30, 2005.

Documents

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