EXPONENT INC — Director's Dealing 2011

Dec 1, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EXPONENT INC (EXPO)
CIK: 0000851520
Period of Report: 2011-11-29

Reporting Person: CALIGIURI ROBERT D (Group Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-11-29	Common Stock	M	18404	$6.5125	Acquired	70936	Direct
2011-11-29	Common Stock	M	1596	$6.5125	Acquired	72532	Direct
2011-11-29	Common Stock	F	499	$44.18	Disposed	72033	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-11-29	Incentive Stock Option (right to buy)	$6.5125	M	18404	Disposed	2012-03-05	Common Stock (18404)	Direct
2011-11-29	Non-Qualified Stock Option (right to buy)	$6.5125	M	1596	Disposed	2012-03-05	Common Stock (1596)	Direct

Footnotes

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

F2: Not applicable.