DATA I/O CORP — Director's Dealing 2007

May 16, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DATA I/O CORP (DAIO)
CIK: 0000351998
Period of Report: 2007-05-15

Reporting Person: LAZOWSKA EDWARD D (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-05-15	Common Stock	M	7500	$3.575	Acquired	16723	Direct
2007-05-15	Common Stock	F	4615	$3.575	Disposed	12108	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-05-15	Non-Qualified Stock Option (right to buy)	$2.20	M	7500	Disposed	2007-06-19	Non-Qualified Stock Option (right to buy) (7500)	Direct

Footnotes

F1: This option vest quarterly over a three year period and becomes fully exercisable at 6/19/2004