PIXELWORKS, INC — Director's Dealing 2008

Aug 6, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PIXELWORKS, INC (PXLW)
CIK: 0001040161
Period of Report: 2008-08-05

Reporting Person: Christensen Mark (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-08-05	Common Stock	P	20000	$1.66	Acquired	20000	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	5000	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Non-Qualified Stock Option (right to buy)	$2.43	2018-05-20	Common Stock (3333)	3333	Direct
Non-Qualified Stock Option (right to buy)	$4.14	2017-05-22	Common Stock (3333)	3333	Direct
Non-Qualified Stock Option (right to buy)	$9	2016-05-23	Common Stock (3333)	3333	Direct
Non-Qualified Stock Option (right to buy)	$25.29	2015-05-24	Common Stock (13333)	13333	Direct

Footnotes

F1: Purchased shares under joint account with spouse.

F2: 25% vest on the last day of the month of the first anniversary of the date of grant, with the remaining 75% vesting ratably on a monthly basis thereafter over three years.

F3: The option becomes exercisable over a 4-year period which commenced on May 24, 2005, as follows: 3,333 shares exercisable as of May 24, 2006, 277.8 shares exercisable every month thereafter for 36 months through May 24, 2009.