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
2010-01-21	COMMON STOCK	S	5000	$62.5008	Disposed	512047	Direct
2010-01-21	COMMON STOCK	S	7500	$62.5100	Disposed	504547	Direct
2010-01-21	COMMON STOCK	S	4000	$62.5133	Disposed	500547	Direct
2010-01-21	COMMON STOCK	S	2000	$62.5150	Disposed	498547	Direct
2010-01-21	COMMON STOCK	S	2500	$62.5200	Disposed	496047	Direct
2010-01-21	COMMON STOCK	S	1500	$62.5300	Disposed	494547	Direct
2010-01-21	COMMON STOCK	S	1000	$62.5401	Disposed	493547	Direct
2010-01-21	COMMON STOCK	S	7000	$62.5500	Disposed	486547	Direct
2010-01-21	COMMON STOCK	S	3500	$62.5507	Disposed	483047	Direct
2010-01-21	COMMON STOCK	S	1000	$62.5589	Disposed	482047	Direct
2010-01-21	COMMON STOCK	S	1500	$62.5600	Disposed	480547	Direct
2010-01-21	COMMON STOCK	S	3000	$62.5676	Disposed	477547	Direct
2010-01-21	COMMON STOCK	S	2753	$62.5707	Disposed	474794	Direct
2010-01-21	COMMON STOCK	S	463	$63.2500	Disposed	474331	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 474,331 shares reported, 434,331 shares are held directly by Dr. Palmour and 40,000 shares are held indirectly by Dr. Palmour's spouse.