ITRON, INC. — Director's Dealing 2014

May 1, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ITRON INC /WA/ (ITRI)
CIK: 0000780571
Period of Report: 2014-04-30

Reporting Person: WILSON GRAHAM M (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-04-30	Common Stock	M	2500	$21.40	Acquired	16398	Direct
2014-04-30	Common Stock	S	2500	$37.47	Disposed	13898	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-04-30	Stock Option (Right to Buy)	$21.40	M	2500	Disposed	2014-05-06	Common Stock (2500)	Direct