METHODE ELECTRONICS INC — Director's Dealing 2004

Sep 16, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: METHODE ELECTRONICS INC (METH)
CIK: 0000065270
Period of Report: 2004-09-14

Reporting Person: MCQUILLEN JAMES F (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-09-14	Common Stock	M	6579	$7.45	Acquired	14351	Direct
2004-09-14	Common Stock	S	6579	$13.0002	Disposed	7772	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-09-14	Options	$7.45	M	6579	Disposed	2011-06-19	Common Stock (6579)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Options	$12.877	2010-06-01	Common Stock (6589)	6589	Direct
Options	$10.50	2012-06-10	Common Stock (20000)	20000	Direct
Options	$11.44	2013-07-03	Common Stock (15000)	15000	Direct

Footnotes

F1: The options vest in three equal annual installments beginning June 10, 2003.

F2: The options vest in three equal annual installments beginning July 3, 2004.