ITRON, INC. — Director's Dealing 2013

Nov 13, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ITRON INC /WA/ (ITRI)
CIK: 0000780571
Period of Report: 2013-11-12

Reporting Person: Serff Jared P (VP, Competitive Resources)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-11-12	Common Stock	M	5000	$22.74	Acquired	30180.0757	Direct
2013-11-12	Common Stock	S	100	$43.23	Disposed	30080.0757	Direct
2013-11-12	Common Stock	S	300	$43.24	Disposed	29780.0757	Direct
2013-11-12	Common Stock	S	200	$43.25	Disposed	29580.0757	Direct
2013-11-12	Common Stock	S	200	$43.26	Disposed	29380.0757	Direct
2013-11-12	Common Stock	S	100	$43.27	Disposed	29280.0757	Direct
2013-11-12	Common Stock	S	200	$43.28	Disposed	29080.0757	Direct
2013-11-12	Common Stock	S	200	$43.295	Disposed	28880.0757	Direct
2013-11-12	Common Stock	S	300	$43.30	Disposed	28580.0757	Direct
2013-11-12	Common Stock	S	200	$43.305	Disposed	28380.0757	Direct
2013-11-12	Common Stock	S	400	$43.31	Disposed	27980.0757	Direct
2013-11-12	Common Stock	S	200	$43.3225	Disposed	27780.0757	Direct
2013-11-12	Common Stock	S	100	$43.33	Disposed	27680.0757	Direct
2013-11-12	Common Stock	S	100	$43.3375	Disposed	27580.0757	Direct
2013-11-12	Common Stock	S	400	$43.34	Disposed	27180.0757	Direct
2013-11-12	Common Stock	S	200	$43.35	Disposed	26980.0757	Direct
2013-11-12	Common Stock	S	200	$43.36	Disposed	26780.0757	Direct
2013-11-12	Common Stock	S	100	$43.362	Disposed	26680.0757	Direct
2013-11-12	Common Stock	S	100	$43.365	Disposed	26580.0757	Direct
2013-11-12	Common Stock	S	100	$43.369	Disposed	26480.0757	Direct
2013-11-12	Common Stock	S	300	$43.37	Disposed	26180.0757	Direct
2013-11-12	Common Stock	S	100	$43.375	Disposed	26080.0757	Direct
2013-11-12	Common Stock	S	100	$43.3775	Disposed	25980.0757	Direct
2013-11-12	Common Stock	S	100	$43.38	Disposed	25880.0757	Direct
2013-11-12	Common Stock	S	200	$43.39	Disposed	25680.0757	Direct
2013-11-12	Common Stock	S	100	$43.40	Disposed	25580.0757	Direct
2013-11-12	Common Stock	S	100	$43.517	Disposed	25480.0757	Direct
2013-11-12	Common Stock	S	100	$43.57	Disposed	25380.0757	Direct
2013-11-12	Common Stock	S	200	$43.58	Disposed	25180.0757	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-11-12	Stock Option (Right to Buy)	$22.74	M	5000	Disposed	2014-07-01	Common Stock (5000)	Direct

Footnotes

F1: 33-1/3% of options become exercisable on 7/1/05 and an additional 33-1/3% on each of 7/1/06 and 7/1/07.