ITRON, INC. — Director's Dealing 2013

Dec 11, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ITRON INC /WA/ (ITRI)
CIK: 0000780571
Period of Report: 2013-12-10

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-12-10	Common Stock	M	5000	$37.40	Acquired	30180.0757	Direct
2013-12-10	Common Stock	S	5000	$40.01	Disposed	25180.0757	Direct
2013-12-10	Common Stock	S	13546	—	Disposed	11634.0757	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-12-10	Stock Option (Right to Buy)	$37.40	M	5000	Disposed	2015-05-03	Common Stock (5000)	Direct

Footnotes

F1: Shares sold at prices ranging from $39.71 to $40.095 per share.

F2: 33-1/3% of options become exercisable on 5/3/2006 and an additional 33-1/3% on each of 5/3/07 and 5/3/08.