WOLFSPEED, INC. — Director's Dealing 2014

Aug 27, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CREE INC (CREE)
CIK: 0000895419
Period of Report: 2014-08-25

Reporting Person: McDevitt Michael E (EXECUTIVE VICE PRESIDENT & CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-08-25	COMMON STOCK	A	6000	—	Acquired	43802	Direct
2014-08-25	COMMON STOCK	M	2333	$27.47	Acquired	46135	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-08-25	NONQUALIFIED STOCK OPTION (RIGHT TO BUY)	$27.47	M	2333	Disposed	2014-09-04	COMMON STOCK (2333)	Direct

Footnotes

F1: Performance criteria of PSU deemed satisfied by Compensation Committee of Board of Directors on August 25, 2014. Award remains subject to service-based vesting requirement until September 3, 2014.

F2: Includes 13 and 417 shares purchased by Mr. McDevitt in the Cree, Inc. 2005 Employee Stock Purchase Plan on October 31, 2013 and April 30, 2014, respectively.