SILICON LABORATORIES INC. — Director's Dealing 2012

Jan 26, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SILICON LABORATORIES INC (SLAB)
CIK: 0001038074
Period of Report: 2012-01-24

Reporting Person: Sayiner Necip (Director, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-01-24	Common Stock, $0.0001 par value	M	27500	$32.27	Acquired	288921	Direct
2012-01-24	Common Stock, $0.0001 par value	S	34100	$46.48	Disposed	254821	Direct
2012-01-25	Common Stock, $0.0001 par value	M	33708	$32.27	Acquired	288529	Direct
2012-01-25	Common Stock, $0.0001 par value	S	42408	$48.14	Disposed	246121	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-01-24	Non-Qualified Stock Option (right to buy)	$32.27	M	27500	Disposed	2015-09-14	Common Stock, $0.0001 par value (27500)	Direct
2012-01-25	Non-Qualified Stock Option (right to buy)	$32.27	M	33708	Disposed	2015-09-14	Common Stock, $0.0001 par value (33708)	Direct

Footnotes

F1: Shares sold pursuant to Reporting Person's 10b5-1 Trading Plan.

F2: Option vests and becomes exercisable with respect to (i) twenty percent (20%) of the option shares upon the date exercisable and (ii) the balance of the option shares in a series of forty-eight (48) successively monthly installments over the forty-eight (48) month period measured from the date exercisable.

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