SILICON LABORATORIES INC. — Director's Dealing 2011

Nov 14, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SILICON LABORATORIES INC (SLAB)
CIK: 0001038074
Period of Report: 2011-11-10

Reporting Person: WALKER LAURENCE G (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-11-10	Common Stock, $0.0001 par value	M	3000	$26.19	Acquired	8359	Direct
2011-11-10	Common Stock, $0.0001 par value	S	3000	$42.15	Disposed	5359	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-11-10	Non-Qualified Stock Option (right to buy)	$26.19	M	3000	Disposed	2013-06-12	Common Stock, $0.0001 par value (3000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $0.0001 par value	2922	Indirect

Footnotes

F1: These shares are held in a trust for the benefit of Reporting Person's child. Reporting Person is trustee of the trust.

F2: Option is immediately exercisable, but the shares vest in a series of four (4) equal annual installments measured from the date exercisable.

F3: Not applicable per instruction 4(c)(iii).