Filing Details

Accession Number:
0000895419-10-000030
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-04-23 13:00:00
Reporting Period:
2010-04-22
Filing Date:
2010-04-23
Accepted Time:
2010-04-23 17:17:35
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
895419 Cree Inc CREE Semiconductors & Related Devices (3674) 561572719
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1184588 T John Kurtzweil C/O Cree, Inc.
4600 Silicon Drive
Durham NC 27703
Executive Vp, Cfo, Treasurer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2010-04-22 30,000 $20.50 66,243 No 4 M Direct
Common Stock Disposition 2010-04-22 16,000 $74.77 50,243 No 4 S Direct
Common Stock Disposition 2010-04-22 4,000 $75.42 46,243 No 4 S Direct
Common Stock Disposition 2010-04-22 10,000 $79.65 36,243 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock NONQUALIFIED STOCK OPTION (RIGHT TO BUY) Disposition 2010-04-22 30,000 $0.00 30,000 $20.50
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
20,000 2007-10-02 2013-10-02 No 4 M Direct
Footnotes
  1. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Mr. Kurtzweil on March 1, 2010.
  2. The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $74.2818 to $75.2623, inclusive. Mr. Kurtzweil undertakes to provide to Cree, Inc., any security holder of Cree, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  3. The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $75.2928 to $76.56, inclusive. Mr. Kurtzweil undertakes to provide to Cree, Inc., any security holder of Cree, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  4. The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $79.6111 to $79.6902, inclusive. Mr. Kurtzweil undertakes to provide to Cree, Inc., any security holder of Cree, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  5. Option vests as to 23,334 shares on October 2, 2007 and as to 23,333 shares on each of Octobrt 2, 2008 and October 2, 2009,