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 *
Whitaker Anne Clem
(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
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
08/13/2014
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 08/13/2014   A (1)   278 A $ 44.81 4,708 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. Represents shares of common stock credited to Ms. Whitaker's 2014 deferral account under the Cree, Inc. Non-Employee Director Stock Compensation and Deferral Program, issuable following Ms. Whitaker's Separation from Service with Cree.
Tamara Cappelson, as agent for Anne C. Whitaker 08/15/2014
** 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.
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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) Uniform Application for Access Codes to File on EDGAR

On Form ID; (2) Initial Statement of Beneficial Ownership

of Securities on Form 3, (3) Statements of Changes in

Beneficial Ownership on Form 4; and (4) 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 trans-

actions 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 ID, 3, 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/ Anne C. Whitaker

Signature



 Anne C. Whitaker

Typed or Printed Name



 12/2/2013

Date Signed