WOLFSPEED, INC. — Director's Dealing 2012

Sep 5, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CREE INC (CREE)
CIK: 0000895419
Period of Report: 2012-09-04

Reporting Person: HILLER NORBERT (EXECUTIVE VICE PRESIDENT)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-09-04	COMMON STOCK	A	10000	—	Acquired	33210	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-09-04	NONQUALIFIED STOCK OPTION (RIGHT TO BUY)	$27.77	A	40000	Acquired	2019-09-04	COMMON STOCK (40000)	Direct
2012-09-04	NONQUALIFIED STOCK OPTION (RIGHT TO BUY)	$27.77	A	1200	Acquired	2019-09-04	COMMON STOCK (1200)	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
COMMON STOCK	722	Indirect

Footnotes

F1: Restricted stock award vesting in four equal annual installments commencing September 1, 2013.

F2: Includes 964 shares purchased by Mr. Hiller on April 30, 2012 under the Cree, Inc. 2005 Employee Stock Purchase Plan.

F3: Includes shares purchased by Mr. Hiller's spouse under the Cree, Inc. 2005 Employee Stock Purchase Plan, as follows: 223 shares on October 31, 2011 and 318 shares on April 30, 2012.

F4: Option vests as to 13,334 shares on September 4, 2013 and as to 13,333 shares on September 4, 2014 and September 4, 2015.

F5: Option vests in three equal annual installments commencing September 4, 2013.