DIODES INC /DEL/ — Director's Dealing 2006

Mar 7, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DIODES INC /DEL/ (DIOD)
CIK: 0000029002
Period of Report: 2006-03-06

Reporting Person: LIU JOSEPH (Senior V.P. Operations)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-03-06	Common Stock	M	63750	$1.7778	Acquired	209034	Direct
2006-03-06	Common Stock	M	32784	$9.1481	Acquired	241818	Direct
2006-03-06	Common Stock	S	16568	$38.6495	Disposed	128716	Direct
2006-03-07	Common Stock	S	6159	$37.4354	Disposed	122557	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-03-06	Common Stock (Right to Buy)	$1.7778	M	63750	Disposed	2006-08-01	Common Stock (63750)	Direct
2006-03-06	Common Stock (Right to Buy)	$9.1481	M	32784	Disposed	2010-06-08	Common Stock (32784)	Direct

Footnotes

F1: Options exercisable in 3 equal annual installments beginning 08/01/1997.

F2: Options granted under Rule 16b-3 Plan.

F3: Options exercisable in 3 equal annual installments beginning 06/08/2001.