DIODES INC /DEL/ — Director's Dealing 2006

Feb 16, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DIODES INC /DEL/ (DIOD)
CIK: 0000029002
Period of Report: 2006-02-15

Reporting Person: GIORDANO MICHAEL R (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-02-15	Common Stock	M	5000	$2	Acquired	27030	Direct
2006-02-15	Common Stock	S	5000	$37.0568	Disposed	22030	Direct
2006-02-15	Common Stock	S	3000	$37.0568	Disposed	19030	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-02-15	Common Stock (Right to Buy)	$2	M	5000	Disposed	2009-10-25	Common Stock (5000)	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 10/25/2000.

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