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WOLFSPEED, INC. Director's Dealing 2010

Mar 4, 2010

33702_dirs_2010-03-04_4b517fee-8502-46f9-b399-f3915c33a84d.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CREE INC (CREE)
CIK: 0000895419
Period of Report: 2010-03-02

Reporting Person: PALMOUR JOHN W (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-03-02 COMMON STOCK S 100000 $70.00 Disposed 324331 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: The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $69.75 to $70.28, inclusive. Dr. Palmour undertakes to provide to Cree, Inc., any security holder of Cree, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F3: Of the 324,331 shares reported, 284,331 shares are held directly and 40,000 shares are held indirectly by Dr. Palmour's spouse.