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: 2010-02-11

Reporting Person: MEZEY PHILIP (Sr. VP & COO, Itron NA)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-02-11	Common Stock	A	3460	$61.56	Acquired	21370	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-02-11	Stock Option (Right to Buy)	$61.56	A	8610	Acquired	2020-02-11	Common Stock (8610)	Direct

Footnotes

F1: 33 1/3% of the option is exercisable on each of February 11, 2011, February 11, 2012, and February 11, 2013