WOLFSPEED, INC. — Director's Dealing 2010

Feb 19, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CREE INC (CREE)
CIK: 0000895419
Period of Report: 2010-02-18

Reporting Person: PALMOUR JOHN W (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-02-18	COMMON STOCK	S	7500	$64.5000	Disposed	466831	Direct
2010-02-18	COMMON STOCK	S	1000	$64.5200	Disposed	465831	Direct
2010-02-18	COMMON STOCK	S	4000	$64.5300	Disposed	461831	Direct
2010-02-18	COMMON STOCK	S	1000	$64.5400	Disposed	460831	Direct
2010-02-18	COMMON STOCK	S	1000	$64.5500	Disposed	459831	Direct
2010-02-18	COMMON STOCK	S	3000	$64.5600	Disposed	456831	Direct
2010-02-18	COMMON STOCK	S	1002	$64.5610	Disposed	455829	Direct
2010-02-18	COMMON STOCK	S	1000	$64.5700	Disposed	454829	Direct
2010-02-18	COMMON STOCK	S	1000	$64.5900	Disposed	453829	Direct
2010-02-18	COMMON STOCK	S	1000	$64.5910	Disposed	452829	Direct
2010-02-18	COMMON STOCK	S	3500	$64.5921	Disposed	449329	Direct
2010-02-18	COMMON STOCK	S	3500	$64.6000	Disposed	445829	Direct
2010-02-18	COMMON STOCK	S	3000	$64.6108	Disposed	442829	Direct
2010-02-18	COMMON STOCK	S	1000	$64.6140	Disposed	441829	Direct
2010-02-18	COMMON STOCK	S	4500	$64.6300	Disposed	437329	Direct
2010-02-18	COMMON STOCK	S	1000	$64.6400	Disposed	436329	Direct
2010-02-18	COMMON STOCK	S	800	$64.6500	Disposed	435529	Direct
2010-02-18	COMMON STOCK	S	3000	$64.6613	Disposed	432529	Direct
2010-02-18	COMMON STOCK	S	3500	$64.6700	Disposed	429029	Direct
2010-02-18	COMMON STOCK	S	3000	$64.6807	Disposed	426029	Direct
2010-02-18	COMMON STOCK	S	1698	$64.6941	Disposed	424331	Direct

Footnotes

F1: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Dr. Palmour on December 4, 2009.

F2: Of the 424,331 shares reported, 384,331 shares are held by Dr. Palmour directly and 40,000 shares are held indirectly by Dr. Palmour's spouse.