PDF SOLUTIONS INC — Director's Dealing 2006

Dec 22, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PDF SOLUTIONS INC (PDFS)
CIK: 0001120914
Period of Report: 2006-12-21

Reporting Person: MICHAELS KIMON (Director, Co-VP of Client Services)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-12-21	Common Stock	S	100	$14.43	Disposed	1445076	Direct
2006-12-21	Common Stock	S	100	$14.44	Disposed	1444976	Direct
2006-12-21	Common Stock	S	300	$14.46	Disposed	1444676	Direct
2006-12-21	Common Stock	S	200	$14.48	Disposed	1444476	Direct
2006-12-21	Common Stock	S	100	$14.49	Disposed	1444376	Direct
2006-12-21	Common Stock	S	200	$14.52	Disposed	1444176	Direct
2006-12-21	Common Stock	S	200	$14.57	Disposed	1443976	Direct
2006-12-21	Common Stock	S	200	$14.59	Disposed	1443776	Direct
2006-12-21	Common Stock	S	200	$14.60	Disposed	1443576	Direct
2006-12-21	Common Stock	S	100	$14.61	Disposed	1443476	Direct
2006-12-21	Common Stock	S	100	$14.63	Disposed	1443376	Direct
2006-12-21	Common Stock	S	200	$14.68	Disposed	1443176	Direct
2006-12-21	Common Stock	S	200	$14.70	Disposed	1442976	Direct
2006-12-21	Common Stock	S	200	$14.71	Disposed	1442776	Direct
2006-12-21	Common Stock	S	200	$14.72	Disposed	1442576	Direct
2006-12-21	Common Stock	S	400	$14.73	Disposed	1442176	Direct
2006-12-21	Common Stock	S	300	$14.74	Disposed	1441876	Direct
2006-12-21	Common Stock	S	200	$14.76	Disposed	1441676	Direct
2006-12-21	Common Stock	S	100	$14.79	Disposed	1441576	Direct
2006-12-21	Common Stock	S	100	$14.80	Disposed	1441476	Direct
2006-12-21	Common Stock	S	100	$14.81	Disposed	1441376	Direct
2006-12-21	Common Stock	S	100	$14.84	Disposed	1441276	Direct
2006-12-21	Common Stock	S	100	$14.86	Disposed	1441176	Direct
2006-12-21	Common Stock	S	100	$14.87	Disposed	1441076	Direct
2006-12-21	Common Stock	S	100	$14.89	Disposed	1440976	Direct
2006-12-21	Common Stock	S	200	$14.90	Disposed	1440776	Direct
2006-12-21	Common Stock	S	100	$14.91	Disposed	1440676	Direct
2006-12-21	Common Stock	S	200	$14.94	Disposed	1440476	Direct

Footnotes

F1: All sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 Sales Plan dated August 22, 2006 between Mr. Michaels and his broker.