WOLFSPEED, INC. - Director's Dealing 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CREE INC (CREE)
CIK: 0000895419
Period of Report: 2011-09-01

Reporting Person: Kelley Stephen Douglas (EXECUTIVE VICE PRESIDENT, COO)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-09-01	COMMON STOCK	F	2077	$32.43	Disposed	24153	Direct
2011-09-01	COMMON STOCK	A	6000	—	Acquired	30153	Direct

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-09-01	NONQUALIFIED STOCK OPTION (RIGHT TO BUY)	$30.92	A	35000	Acquired	2018-09-01	COMMON STOCK (35000)	Direct

F1: Disposition of shares back to the company to satisfy withholding obligations related to restricted stock vesting September 1, 2011.

F2: Restricted stock award vesting in four equal annual installments commencing September 1, 2012.

F3: Option vests as to 11,667 shares on each of September 1, 2012 and September 1, 2013 and as to 11,666 shares on September 1, 2014.