METHODE ELECTRONICS INC — Director's Dealing 2008

Jul 23, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: METHODE ELECTRONICS INC (METH)
CIK: 0000065270
Period of Report: 2008-07-15

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-07-15	Common Stock	F	1957	$11.29	Disposed	110240	Direct
2008-07-21	Common Stock	A	44053	$11.35	Acquired	154293	Direct
2008-07-21	Common Stock	A	100	$10.75	Acquired	10618	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Options	$8.53	2011-11-19	Common Stock (12000)	12000	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: Shares used to pay federal and state withholding taxes on the vesting of Restricted Stock Award(s).

F2: Restricted Stock Award granted under terms of the Methode Electronics, Inc. 2007 Stock Plan

F3: Shares purchased during the fiscal year with periodic payroll withholding and quarterly dividends received on Methode common stock held in the Methode 401(k) Plan.