DIODES INC /DEL/ — Director's Dealing 2006

Aug 16, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DIODES INC /DEL/ (DIOD)
CIK: 0000029002
Period of Report: 2006-08-14

Reporting Person: WERTZ CARL C (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-08-14	Common Stock	S	6750	$35	Disposed	37171	Direct
2006-08-14	Common Stock	S	9000	$35.5	Disposed	28171	Direct
2006-08-15	Common Stock	S	24750	$36	Disposed	3421	Direct
2006-08-15	Common Stock	M	28125	$2.22	Acquired	31546	Direct
2006-08-15	Common Stock	S	10125	$37.5	Disposed	21421	Direct
2006-08-15	Common Stock	S	18000	$37	Disposed	3421	Direct
2006-08-15	Common Stock	M	28125	$1.4815	Acquired	31546	Direct
2006-08-15	Common Stock	S	28125	$36.5	Disposed	3421	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-08-15	Common Stock (Right to Buy)	$2.22	M	28125	Disposed	2008-10-01	Common Stock (28125)	Direct
2006-08-15	Common Stock (Right to Buy)	$1.4815	M	28125	Disposed	2008-10-01	Common Stock (28125)	Direct

Footnotes

F1: Exercise pursuant to previously filed 10b5-1 Plan.

F2: Sale pursuant to previously filed 10b5-1 Plan.

F3: Options exercisable in 3 equal annual installments beginning 10/01/1999.

F4: Options granted under Rule 16b-3 Plan.