EXPONENT INC — Director's Dealing 2011

Dec 14, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EXPONENT INC (EXPO)
CIK: 0000851520
Period of Report: 2011-12-12

Reporting Person: GAULKE MICHAEL R (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-12-12	Common Stock	M	2600	$31.01	Acquired	2600	Direct
2011-12-12	Common Stock	S	2600	$45.5603	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-12-12	Non-Qualified Stock Option (right to buy)	$31.01	M	2600	Disposed	2018-02-05	Common Stock (2600)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	94830	Indirect

Footnotes

F1: The stock option becomes exercisable in four equal annual installments.

F2: Not applicable.