EXPONENT INC — Director's Dealing 2012

Mar 28, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EXPONENT INC (EXPO)
CIK: 0000851520
Period of Report: 2012-03-26

Reporting Person: JOHNSTON PAUL R (Director, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-03-26	Common Stock	M	5000	$15.645	Acquired	79933	Direct
2012-03-26	Common Stock	S	5000	$49.5738	Disposed	74933	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-03-26	Incentive Stock Option (right to buy)	$15.645	M	5000	Disposed	2016-02-09	Common Stock (5000)	Direct

Footnotes

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

F2: Not applicable.