<SEC-DOCUMENT>0000895419-17-000079.txt : 20170906
<SEC-HEADER>0000895419-17-000079.hdr.sgml : 20170906
<ACCEPTANCE-DATETIME>20170906162410
ACCESSION NUMBER:		0000895419-17-000079
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20170901
FILED AS OF DATE:		20170906
DATE AS OF CHANGE:		20170906

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			WERNER THOMAS H
		CENTRAL INDEX KEY:			0001247756

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-21154
		FILM NUMBER:		171071596

	MAIL ADDRESS:	
		STREET 1:		3939 NORTH FIRST STREET
		CITY:			SAN JOSE
		STATE:			CA
		ZIP:			95134

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CREE INC
		CENTRAL INDEX KEY:			0000895419
		STANDARD INDUSTRIAL CLASSIFICATION:	SEMICONDUCTORS & RELATED DEVICES [3674]
		IRS NUMBER:				561572719
		STATE OF INCORPORATION:			NC
		FISCAL YEAR END:			0627

	BUSINESS ADDRESS:	
		STREET 1:		4600 SILICON DR
		CITY:			DURHAM
		STATE:			NC
		ZIP:			27703
		BUSINESS PHONE:		9194075300

	MAIL ADDRESS:	
		STREET 1:		4600 SILICON DR
		CITY:			DURHAM
		STATE:			NC
		ZIP:			27703-8475

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CREE RESEARCH INC /NC/
		DATE OF NAME CHANGE:	19940224
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>wf-form4_150472943668476.xml
<DESCRIPTION>FORM 4
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0306</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2017-09-01</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000895419</issuerCik>
        <issuerName>CREE INC</issuerName>
        <issuerTradingSymbol>CREE</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001247756</rptOwnerCik>
            <rptOwnerName>WERNER THOMAS H</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O CREE, INC.</rptOwnerStreet1>
            <rptOwnerStreet2>4600 SILICON DRIVE</rptOwnerStreet2>
            <rptOwnerCity>DURHAM</rptOwnerCity>
            <rptOwnerState>NC</rptOwnerState>
            <rptOwnerZipCode>27703</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle></officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>COMMON STOCK</value>
            </securityTitle>
            <transactionDate>
                <value>2017-09-01</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
                <footnoteId id="F1"/>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>7033</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>49880</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <derivativeTable></derivativeTable>

    <footnotes>
        <footnote id="F1">Award of restricted stock units vesting in full on September 1, 2018.</footnote>
    </footnotes>

    <remarks></remarks>

    <ownerSignature>
        <signatureName>Bradley D. Kohn, as agent for Thomas H. Werner</signatureName>
        <signatureDate>2017-09-06</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-24
<SEQUENCE>2
<FILENAME>poa_werner.txt
<DESCRIPTION>POWER OF ATTORNEY - THOMAS H WERNER
<TEXT>
POWER OF ATTORNEY

I, the person whose signature appears below, hereby appoint
Adam H. Broome, Secretary of Cree, Inc. (the "Company"), and Tamara
Cappelson, Stock Plan Administrator 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,
  Statements of Changes in Beneficial Ownership on Form 4
  and Annual Statements of Changes in Beneficial Ownership
  on Form 5, and any amendments of Forms 4 and 5 previously
  filed by or for me, 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 Forms 4 and 5 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 are
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/ Thomas H. Werner
Signature

Thomas H. Werner
Typed or Printed Name

3/28/2006
Date Signed

</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
