SEC FORM 4 SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
SWOBODA CHARLES M

(Last) (First) (Middle)
C/O CREE, INC.
4600 SILICON DRIVE

(Street)
DURHAM NC 27703

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
CREE INC [ CREE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
CHAIRMAN, PRESIDENT AND CEO
3. Date of Earliest Transaction (Month/Day/Year)
09/01/2017
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
COMMON STOCK 09/01/2017 F(1) 33,970 D $24.41 511,900 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Disposition of shares back to the company to satisfy withholding obligations related to stock awards vesting September 1, 2017.
Remarks:
/S/ Charles M. Swoboda 09/06/2017
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
POWER OF ATTORNEY

I, the person whose signature appears below, hereby appoint
Bradley D. Kohn, Secretary of Cree, Inc. (the "Company"), Diana S. 
Allen, Assistant Secretary of the Company and Tamara Cappelson, 
Stock Plan Manager of the Company, and each of them 
individually, as my attorneys-in-fact with the power and authority:

- to execute and file with the U.S. Securities and Exchange
  Commission on my behalf, pursuant to Section 16(a) of the
  Securities Exchange Act of 1934 and the rules thereunder:
  (1) Statements of Changes in Beneficial Ownership on Form 4;
  and (2) Annual Statements of Changes in Beneficial Ownership
  on Form 5; and any amendments thereto, with respect to my
  service as a director and/or officer of the Company and my
  holdings of and transactions in Company securities of which I
  may be deemed the beneficial owner;
- to do and perform on my behalf any and all other acts necessary
  or desirable to complete, execute and timely file such Forms 4
  and 5 and any amendments thereto with the U.S. Securities and
  Exchange Commission and, if necessary, any stock exchange or
  similar authority, including but not limited to the power to
  designate any person then serving as a director or officer of
  the Company to be an additional or substitute
 attorney-in-fact
  under this Power of Attorney with the same power and authority
  as if such person were named herein, and to take any other action
  in connection with the foregoing which, in the opinion of such
  attorney-in-fact, may be of benefit to, in the best interest of
  or legally required by me, it being understood that the
  documents executed by such attorney-in-fact on my behalf
  pursuant to this Power of Attorney shall be in such form and
  shall contain such terms and conditions as the attorney-in-fact
  may approve in his or her discretion.

The authority granted under this Power of Attorney shall continue
in effect for each attorney-in-fact named above until I am no longer
required to file reports with respect to my holdings of and
transactions in Company securities or unless earlier revoked in a
writing signed by me and delivered to such attorney-in-fact.  I
acknowledge that neither the attorneys-in-fact nor the Company is
assuming any of my responsibilities to comply with Section 16(a)
of the Securities Exchange Act of 1934.

IN WITNESS WHEREOF, I have signed this Power of Attorney on the
date shown below.


/s/ Charles M. Swoboda
Signature

Charles M. Swoboda
Typed or Printed Name

11/19/2013
Date Signed