MITCHELL TYRONE D JR 4
4 · CREE INC · Filed Sep 5, 2012
Insider Transaction Report
Form 4
CREE INCCREE
MITCHELL TYRONE D JR
EXECUTIVE VICE PRESIDENT
Transactions
- Award
COMMON STOCK
2012-09-04+10,000→ 52,761 total - Award
NONQUALIFIED STOCK OPTION (RIGHT TO BUY)
2012-09-04+40,000→ 40,000 totalExercise: $27.77From: 2013-09-04Exp: 2019-09-04→ COMMON STOCK (40,000 underlying) - Tax Payment
COMMON STOCK
2012-09-01$28.20/sh−2,113$59,587→ 42,761 total
Footnotes (4)
- [F1]Disposition of shares back to the company to satisfy withholding obligations related to restricted stock vesting September 1, 2012.
- [F2]Restricted stock award vesting in four equal annual installments commencing September 1, 2013.
- [F3]Includes 965 shares purchased by Mr. Mitchell on April 30, 2012 under the Cree, Inc. 2005 Employee Stock Purchase Plan.
- [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.