METHODE ELECTRONICS INC — Director's Dealing 2007

Apr 6, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: METHODE ELECTRONICS INC (METH)
CIK: 0000065270
Period of Report: 2007-04-04

Reporting Person: DUDA DONALD W (Director, Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-04-04	Common Stock	M	100000	$10.50	Acquired	436750	Direct
2007-04-04	Common Stock	M	45000	$11.44	Acquired	481750	Direct
2007-04-04	Common Stock	S	145000	$15.3404	Disposed	336750	Direct
2007-04-05	Common Stock	M	30000	$11.44	Acquired	366750	Direct
2007-04-05	Common Stock	S	30000	$15.2295	Disposed	336750	Direct
2007-04-04	Common Stock	P	2275	$11.91	Acquired	13702	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-04-04	Options	$10.50	X	100000	Disposed	2012-06-10	Common Stock (100000)	Direct
2007-04-04	Options	$11.44	X	45000	Disposed	2013-07-03	Common Stock (45000)	Direct
2007-04-05	Options	$11.44	X	30000	Disposed	2013-07-03	Common Stock (30000)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Options	$17.658	2010-03-13	Common Stock (29413)	29413	Direct
Options	$6.35	2011-05-04	Common Stock (100000)	100000	Direct

Footnotes

F1: Includes 325,000 Restricted Stock Units granted under terms of the Methode Electronics, Inc. 2000 and 2004 Stock Plans.

F2: Shares purchased since August 7, 2006 with periodic payroll withholdings and quarterly dividends received on Methode common stock held in the Methode 401(k) Plan.

F3: The options vest in four equal installments beginning July 3, 2004.