METHODE ELECTRONICS INC — Director's Dealing 2010

Dec 13, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: METHODE ELECTRONICS INC (MEI)
CIK: 0000065270
Period of Report: 2010-12-09

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-12-09	Common Stock	M	100000	$6.35	Acquired	650000	Direct
2010-12-09	Common Stock	S	100000	$12.00	Disposed	550000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-12-09	Options	$6.35	X	100000	Disposed	2011-05-04	Common Stock (100000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	26454	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Options	$11.44	2013-07-03	Common Stock (25000)	25000	Direct
Options	$2.72	2019-03-16	Common Stock (124000)	124000	Direct
Options	$6.46	2019-07-09	Common Stock (76000)	76000	Direct
Options	$9.24	2020-10-14	Common Stock (40000)	40000	Direct

Footnotes

F1: On January 15, 2010, Donald W. Duda established a trading plan in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended (the "Plan"). Form 8-K was filed January 25, 2010. The Plan provides for the sale, on the terms and conditions provided in the Plan, of up to 100,000 shares of Methode's common stock to be acquired through the exercise of stock options which are scheduled to expire on May 4, 2011.