PIXELWORKS, INC — Director's Dealing 2007

Apr 3, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PIXELWORKS, INC (PXLW)
CIK: 0001040161
Period of Report: 2007-03-30

Reporting Person: Brady Jodie FT (Vice President, Bus Ops)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-03-30	Non-Qualified Stock Option (right to buy)	$1.65	A	100000	Acquired	2017-03-30	Common Stock (100000)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Incentive Stock Option (right to buy)	$2.43	2009-12-08	Common Stock (1500)	1500	Direct
Non-Qualified Stock Option (right to buy)	$2.49	2013-12-04	Common Stock (42248)	42248	Direct

Footnotes

F1: Becomes exercisable on a monthly basis over 3 years, commencing the last day of the month of the date of grant.

F2: The options become exercisable on a monthly basis at a rate of 10% in year 1, 20% in year 2, 30% in year 3 and 40% in year 4, which commences on the last day of the month the option is granted.

F3: Options become exercisable over 18 months as follows: 33.3% on June 30, 2007 and 66.7% becoming exercisable at a rate of 5.56% on a monthly basis thereafter over 12 months, or through June 30, 2008.