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: 2010-02-17

Reporting Person: VON ARX DOLPH W (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-02-17	COMMON STOCK	S	2300	$63.3000	Disposed	523111	Direct
2010-02-17	COMMON STOCK	S	1300	$63.3025	Disposed	521811	Direct
2010-02-17	COMMON STOCK	S	500	$63.3040	Disposed	521311	Direct
2010-02-17	COMMON STOCK	S	300	$63.3050	Disposed	521011	Direct
2010-02-17	COMMON STOCK	S	600	$63.3100	Disposed	520411	Direct
2010-02-17	COMMON STOCK	S	300	$63.3125	Disposed	520111	Direct
2010-02-17	COMMON STOCK	S	7600	$63.3200	Disposed	512511	Direct
2010-02-17	COMMON STOCK	S	200	$63.3225	Disposed	512311	Direct
2010-02-17	COMMON STOCK	S	500	$63.3260	Disposed	511811	Direct
2010-02-17	COMMON STOCK	S	400	$63.3488	Disposed	511411	Direct
2010-02-17	COMMON STOCK	S	226	$63.3500	Disposed	511185	Direct
2010-02-17	COMMON STOCK	S	100	$63.3550	Disposed	511085	Direct

Footnotes

F1: The sales reported were made by the von Arx family trust. Of the 511,085 shares reported, (1) 63,500 shares are held directly; (2) 417,585 shares are held indirectly in a revocable living trust for the benefit of Mr. von Arx; (3) 15,000 shares are held indirectly in a revocable living trust for the benefit of Mr. von Arx's spouse; and (4) 15,000 shares are held indirectly in a family trust. Mr. von Arx disclaims beneficial ownership of the 15,000 shares held by the family trust.