WOLFSPEED, INC. — Director's Dealing 2010

Jan 25, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CREE INC (CREE)
CIK: 0000895419
Period of Report: 2010-01-21

Reporting Person: PALMOUR JOHN W (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-11-16	COMMON STOCK	G	85	$0.0000	Disposed	574331	Direct
2010-01-21	COMMON STOCK	S	1000	$61.8920	Disposed	573331	Direct
2010-01-21	COMMON STOCK	S	1000	$62.0510	Disposed	572331	Direct
2010-01-21	COMMON STOCK	S	2208	$62.2500	Disposed	570123	Direct
2010-01-21	COMMON STOCK	S	1000	$62.2700	Disposed	569123	Direct
2010-01-21	COMMON STOCK	S	1000	$62.3300	Disposed	568123	Direct
2010-01-21	COMMON STOCK	S	2438	$62.3500	Disposed	565685	Direct
2010-01-21	COMMON STOCK	S	2000	$62.3585	Disposed	563685	Direct
2010-01-21	COMMON STOCK	S	2000	$62.3600	Disposed	561685	Direct
2010-01-21	COMMON STOCK	S	1000	$62.3640	Disposed	560685	Direct
2010-01-21	COMMON STOCK	S	4000	$62.3800	Disposed	556685	Direct
2010-01-21	COMMON STOCK	S	4535	$62.4000	Disposed	552150	Direct
2010-01-21	COMMON STOCK	S	1504	$62.4100	Disposed	550646	Direct
2010-01-21	COMMON STOCK	S	7000	$62.4200	Disposed	543646	Direct
2010-01-21	COMMON STOCK	S	1305	$62.4237	Disposed	542341	Direct
2010-01-21	COMMON STOCK	S	1617	$62.4256	Disposed	540724	Direct
2010-01-21	COMMON STOCK	S	2200	$62.4300	Disposed	538524	Direct
2010-01-21	COMMON STOCK	S	1053	$62.4395	Disposed	537471	Direct
2010-01-21	COMMON STOCK	S	1424	$62.4400	Disposed	536047	Direct
2010-01-21	COMMON STOCK	S	2500	$62.4500	Disposed	533547	Direct
2010-01-21	COMMON STOCK	S	2500	$62.4600	Disposed	531047	Direct
2010-01-21	COMMON STOCK	S	1000	$62.4630	Disposed	530047	Direct
2010-01-21	COMMON STOCK	S	1500	$62.4700	Disposed	528547	Direct
2010-01-21	COMMON STOCK	S	2000	$62.4800	Disposed	526547	Direct
2010-01-21	COMMON STOCK	S	4000	$62.4860	Disposed	522547	Direct
2010-01-21	COMMON STOCK	S	2500	$62.4900	Disposed	520047	Direct
2010-01-21	COMMON STOCK	S	3000	$62.4937	Disposed	517047	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 517,047 shares reported, 477,047 shares are held directly by Dr. Palmour and 40,000 shares are held indirectly by Dr. Palmour's spouse.