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PDF SOLUTIONS INC Director's Dealing 2008

May 28, 2008

32198_dirs_2008-05-27_ae292851-0137-4ed8-a0b6-45428d68e392.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PDF SOLUTIONS INC (PDFS)
CIK: 0001120914
Period of Report: 2008-05-22

Reporting Person: HEINRICHS R STEPHEN (Director)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2008-05-22 2001 Stock Plan Option (right to buy) $5.40 A 35000 Acquired 2018-05-21 Common Stock (35000) Direct

Footnotes

F1: 12/48ths of the total shares subject to the option (the "Total Shares") vest on May 22, 2009 and 1/48th of the Total Shares shall vest on the 22nd day of each month thereafter, provided that the reporting person continues to serve as a Director of PDFS.