DAKTRONICS INC /SD/ — Director's Dealing 2010

Dec 22, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DAKTRONICS INC /SD/ (DAKT)
CIK: 0000915779
Period of Report: 2010-12-21

Reporting Person: RETTERATH WILLIAM R (Treasurer & CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-12-21	Common Stock	M	20000.0000	$5.7725	Acquired	27970.0000	Direct
2010-12-21	Common Stock	S	100.0000	$17.0400	Disposed	27870.0000	Direct
2010-12-21	Common Stock	S	200.0000	$17.0210	Disposed	27670.0000	Direct
2010-12-21	Common Stock	S	603.0000	$17.0300	Disposed	27067.0000	Direct
2010-12-21	Common Stock	S	2500.0000	$17.0500	Disposed	24567.0000	Direct
2010-12-21	Common Stock	S	3872.0000	$17.0200	Disposed	20695.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-12-21	Incentive Stock Option	$5.7725	M	20000.0000	Disposed	2012-11-20	Common Stock (20000.0000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	11901.3950	Indirect

Footnotes

F1: The information in this report is based on a plan statement dated as of November 15, 2010.

F2: 20% vested each year for a total of five years - Remaining vesting schedule - 11/21/04-20%, 11/21/05-20%, 11/21/06-20%, 11/21/07-20%