X0303 4 2010-01-15 0001267130 CABELAS INC CAB 0001292776 CABELA RICHARD N C/O CABELA'S INCORPORATED ONE CABELA DRIVE SIDNEY, NE 69160 1 1 1 0 Chairman Common Stock 2010-01-15 4 S 0 1000 16.67 D 919312 I by Mary A. Cabela 2008 Irrevocable Annuity Trust dated December 15, 2008 Common Stock 8505564 I by Cabela's Family, LLC Common Stock 40000 I by Mudhead Investments, LLC Common Stock 12580 I by 401(k) Plan Common Stock 1602 D Common Stock 1602 I by Spouse Common Stock 35024 I by M. A. Cabela 2002 Irrevocable Annuity Trust dated May 8, 2002 Common Stock 2010-01-15 5 G 0 9000 0 D 10096 I by Mary A. Cabela Irrevocable Annuity Trust dated December 30, 1999 The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted on June 5, 2009, by the Reporting Person as trustee of the Mary A. Cabela 2008 Irrevocable Annuity Trust dated December 15, 2008. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein. The Mary A. Cabela Irrevocable Annuity Trust dated December 30, 1999, distributed these shares to its beneficiaries on a pro rata basis. Brent LaSure, Attorney-in-Fact 2010-01-19