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WOLFSPEED, INC. — Director's Dealing 2010
Sep 2, 2010
33702_dirs_2010-09-02_c78763a9-ad6b-4c6f-906c-dfc8890e4cad.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: 2010-09-01
Reporting Person: PALMOUR JOHN W (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2010-09-01 | COMMON STOCK | F | 1950 | $53.54 | Disposed | 322531 | Direct |
| 2010-09-01 | COMMON STOCK | A | 6000 | — | Acquired | 328531 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2010-09-01 | NONQUALIFIED STOCK OPTION (RIGHT TO BUY) | $55.30 | A | 30000 | Acquired | 2017-09-01 | COMMON STOCK (30000) | Direct |
Footnotes
F1: Disposition of shares back to the company to satisfy withholding obligations related to restricted stock vesting September 1, 2010.
F2: Restricted stock award vesting in five equal annual installments commencing September 1, 2011.
F3: Includes 150 shares purchased by Dr. Palmour on April 30, 2010 under the Cree, Inc. 2005 Employee Stock Purchase Plan.
F4: Of the 328,531shares reported, 288,531 shares are held directly by Dr. Palmour and 40,000 shares are held indirectly by Dr. Palmour's spouse.
F5: Option vests in three equal annual installments commencing September 1, 2011.