METHODE ELECTRONICS INC — Director's Dealing 2007

Mar 26, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: METHODE ELECTRONICS INC (METH)
CIK: 0000065270
Period of Report: 2007-03-23

Reporting Person: Glandon Timothy (VP&GM NA Automotive)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-03-23	Common Stock	M	10000	$10.50	Acquired	33200	Direct
2007-03-23	Common Stock	S	10000	$14.6986	Disposed	23200	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-03-23	Options	$10.50	X	10000	Disposed	2012-06-10	Common Stock (10000)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Options	$11.44	2013-07-03	Common Stock (2500)	2500	Direct
Options	$9.03	2011-08-01	Common Stock (10000)	10000	Direct

Footnotes

F1: Includes 532 shares of Restricted Stock granted under terms of the Methode Electronics, Inc. 2000 Stock Plan.

F2: Includes 21,066 shares of Restricted Stock granted under terms of the Methode Electronics, Inc. 2004 Stock Plan.