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METHODE ELECTRONICS INC Director's Dealing 2006

Aug 9, 2006

33443_dirs_2006-08-09_c44b5ccc-a0e8-46d3-afca-174c0dfa0031.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: METHODE ELECTRONICS INC (METH)
CIK: 0000065270
Period of Report: 2006-08-07

Reporting Person: Reynolds Thomas D (VP & GM, N.A. Automotive)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2006-08-07 Common Stock A 45000 Acquired 85800 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 10421 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Options $8.53 2011-11-19 Common Stock (15000) 15000 Direct
Options $10.50 2012-06-10 Common Stock (30000) 30000 Direct
Options $11.44 2013-07-03 Common Stock (30000) 30000 Direct

Footnotes

F1: Restricted Stock Award granted under terms of the Methode Electronics, Inc. 2004 Stock Plan

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