SILICON LABORATORIES INC. — Director's Dealing 2011

Feb 8, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SILICON LABORATORIES INC (SLAB)
CIK: 0001038074
Period of Report: 2011-02-07

Reporting Person: WOOD WILLIAM P (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-02-07	Common Stock, $0.0001 par value	M	5000	$23.7	Acquired	13310	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-02-07	Non-Qualified Stock Option (right to buy)	$23.7	M	5000	Disposed	2011-04-26	Common Stock, $0.0001 par value (5000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $0.0001 par value	105776	Indirect

Footnotes

F1: Reporting Person is a general partner of Silverton Partners, LP. Reporting Person may be deemed a beneficial owner of the shares held by Silverton Partners, LP, but disclaims any beneficial ownership in the shares held by Silverton Partners, LP, except to the extent of any indirect pecuniary interest therein.

F2: Option is immediately exercisable but vests upon Optionee's completion of one year of board service measured from the grant date.

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