DIODES INC /DEL/ — Director's Dealing 2006

Feb 23, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DIODES INC /DEL/ (DIOD)
CIK: 0000029002
Period of Report: 2006-02-22

Reporting Person: CHEN C H (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-02-22	Common Stock	M	1240	$8.926	Acquired	1240	Direct
2006-02-22	Common Stock	S	1240	$38	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-02-22	Common Stock (Right to Buy)	$8.926	M	1240	Disposed	2010-04-24	Common Stock (1240)	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 04/24/2001.

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