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^*

DUDA DONALD W

(Last)

(First)

(Middle)

7401 WEST WILSON AVENUE

(Street)

CHICAGO

60706-4548

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
METHODE ELECTRONICS INC [ METH ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Executive Officer

3. Date of Earliest Transaction (Month/Day/Year)
04/04/2007

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	04/04/2007	04/04/2007	M		100,000	A	$10.5	436,750	D
Common Stock	04/04/2007	04/04/2007	M		45,000	A	$11.44	481,750	D
Common Stock	04/04/2007	04/04/2007	S		145,000	D	$15.3404	336,750	D
Common Stock	04/05/2007	04/05/2007	M		30,000	A	$11.44	366,750	D
Common Stock	04/05/2007	04/05/2007	S		30,000	D	$15.2295	336,750⁽¹⁾	D
Common Stock⁽²⁾	04/04/2007⁽²⁾	04/04/2007⁽²⁾	P		2,275	A	$11.91	13,702	I	Held in Methode 401(k) Plan

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Options	$10.5	04/04/2007	04/04/2007	X			100,000	06/10/2006	06/10/2012	Common Stock	100,000	$10.5	0	D
Options	$11.44	04/04/2007	04/04/2007	X			45,000	07/03/2007⁽³⁾	07/03/2013	Common Stock	45,000	$11.44	55,000	D
Options	$11.44	04/05/2007	04/05/2007	X			30,000	07/03/2007⁽³⁾	07/03/2013	Common Stock	30,000	$11.44	25,000	D
Options	$17.658							03/01/2002	03/13/2010	Common Stock	29,413		29,413	D
Options	$6.35							05/03/2003	05/04/2011	Common Stock	100,000		100,000	D

Explanation of Responses:

1. Includes 325,000 Restricted Stock Units granted under terms of the Methode Electronics, Inc. 2000 and 2004 Stock Plans.

2. Shares purchased since August 7, 2006 with periodic payroll withholdings and quarterly dividends received on Methode common stock held in the Methode 401(k) Plan.

3. The options vest in four equal installments beginning July 3, 2004.

Remarks:

	Donald W. Duda	04/06/2007
	** 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).
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