ITRON, INC. — Director's Dealing 2010

Feb 16, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ITRON INC /WA/ (ITRI)
CIK: 0000780571
Period of Report: 2010-02-12

Reporting Person: UNSWORTH MALCOLM (Director, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-02-12	Common Stock	A	11050	$61.34	Acquired	27086	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-02-12	Stock Option (Right to Buy)	$61.34	A	27530	Acquired	2020-02-11	Common Stock (27530)	Direct

Footnotes

F1: 33 1/3% of the option is exercisable on each of February 12, 2011, February 12, 2012, and February 12, 2013.