- Annual Statement of Changes in Beneficial Ownership (5)

FORM 5

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
[ ] Form 3 Holdings Reported
[ ] Form 4 Transactions Reported

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public
Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940

1. Name and Address of Reporting Person ^* SORAN PHILIP	2. Issuer Name and Ticker or Trading Symbol COMPELLENT TECHNOLOGIES INC [CML]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) __ X __ Director _____ 10% Owner __ X __ Officer (give title below) _____ Other (specify below) President and CEO
(Last) (First) (Middle) C/O COMPELLENT TECHNOLOGIES, INC., 7625 SMETANA LANE	3. Statement for Issuer's Fiscal Year Ended (MM/DD/YYYY) 12/31/2010
(Street) EDEN PRAIRIE, MN 55344 (City) (State) (Zip)	4. If Amendment, Date Original Filed (MM/DD/YYYY)	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. Trans. Date	2A. Deemed Execution Date, if any	3. Trans. 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. Trans. Date	2A. Deemed Execution Date, if any	3. Trans. Code (Instr. 8)	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	10/27/2010		G ⁽¹⁾	200000	D	$0.00	382731 ⁽²⁾	D
Common Stock	10/27/2010		G ⁽³⁾	200000	A	$0.00	200000	I	See Footnote ⁽⁴⁾
Common Stock	10/27/2010		G ⁽⁵⁾	200000	D	$0.00	0	I	See Footnote ⁽⁴⁾
Common Stock	10/27/2010		G ⁽⁶⁾	200000	A	$0.00	200000	I	See Footnote ⁽⁷⁾
Common Stock	12/31/2010		G ⁽⁸⁾	110376	D	$0.00	0	I	See Footnote ⁽⁹⁾
Common Stock	12/31/2010		G ⁽¹⁰⁾	9816	D	$0.00	122629	I	See Footnote ⁽¹¹⁾
Common Stock	12/31/2010		G ⁽¹²⁾	35111	D	$0.00	55686	I	See Footnote ⁽¹³⁾
Common Stock	12/31/2010		G ⁽¹⁴⁾	10982	D	$0.00	79816	I	See Footnote ⁽¹⁵⁾
Common Stock	12/31/2010		G ⁽¹⁶⁾	166285	A	$0.00	335069	I	See Footnote ⁽¹⁷⁾

*Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g.* , puts, calls, warrants, options, convertible securities)**
1. Title of Derivate Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Trans. Date	3A. Deemed Execution Date, if any	4. Trans. 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 (MM/DD/YYYY)		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 at End of Issuer's Fiscal Year (Instr. 4)	10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivate Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Trans. Date	3A. Deemed Execution Date, if any	4. Trans. Code (Instr. 8)	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)			11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:
( 1)	Represents gift to the reporting person's wife by the Philip E. Soran Revocable Trust UA 05 23 00 ("Soran Revocable Trust"), of which the the reporting person is trustee.
( 2)	Represents shares held directly by the reporting person and includes 1,250 shares acquired under the Issuer's Employee Stock Purchase Plan.
( 3)	Represents gift from the Soran Revocable Trust discussed in Footnote 1.
( 4)	The shares are held by the reporting person's wife.
( 5)	Represents gift to the Soran 2010 Two-Year Grantor Retained Annuity Trust DTD October 1, 2010 (the "2010 Two-Year GRAT"), of which the reporting person is trustee, by a trust for the benefit of the reporting person's wife.
( 6)	Represents gift from the trust for the benefit of the reporting person's wife discussed in Footnote 5.
( 7)	Represents shares held by the 2010 Two-Year GRAT, of which the reporting person is trustee.
( 8)	Represents gifts to various family members over which the reporting person is deemed to have beneficial ownership, by the Soran 2008 Two-Year Grantor Retained Annuity Trust (the "2008 Two-Year GRAT"), of which the reporting person is trustee.
( 9)	The shares are held by the 2008 Two-Year GRAT, of which the reporting person is trustee.
( 10)	Represents gift to a trust for the benefit of the reporting person's wife over which the reporting person is deemed to have beneficial ownership, by the Soran 2008 Five-Year Grantor Retained Annuity Trust (the "2008 Five-Year GRAT"), of which the reporting person is trustee.
( 11)	The shares are held by the 2008 Five-Year GRAT, of which the reporting person is trustee.
( 12)	Represents gift to a trust for the benefit of the reporting person's wife over which the reporting person is deemed to have beneficial ownership, by the Soran 2009 Two-Year Grantor Retained Annuity Trust (the "2009 Two-Year GRAT"), of which the reporting person is trustee.
( 13)	The shares are held by the 2009 Two-Year GRAT, of which the reporting person is trustee.
( 14)	Represents gift to a trust for the benefit of the reporting person's wife over which the reporting person is deemed to have beneficial ownership, by the Soran 2009 Five-Year Grantor Retained Annuity Trust (the "2009 Five-Year GRAT"), of which the reporting person is trustee.
( 15)	The shares are held by the 2009 Five-Year GRAT, of which the reporting person is trustee.
( 16)	Represents gifts to various family members, over which the reporting person is deemed to have beneficial ownership, by the 2008 Two-Year GRAT, 2008 Five-Year GRAT, 2009 Two-Year GRAT and 2009 Five-Year GRAT, as discussed in Footnotes 8, 10, 12 and 14.
( 17)	The shares are held by various family members over which the reporting person is deemed to have beneficial ownership.

Reporting Owners
Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
SORAN PHILIP C/O COMPELLENT TECHNOLOGIES, INC. 7625 SMETANA LANE EDEN PRAIRIE, MN 55344	X		President and CEO

Signatures
Nicole Brookshire as Attorney-in-Fact for Philip E. Soran		1/27/2011
^** 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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