PIXELWORKS, INC — Director's Dealing 2009

Jun 1, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PIXELWORKS, INC (PXLW)
CIK: 0001040161
Period of Report: 2009-05-28

Reporting Person: LAU YUE JOHN (VP, Foundry Management)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-05-28	Common Stock	P	10000	$1.41	Acquired	15293	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Incentive Stock Option (right to buy)	$4.47	2009-09-16	Common Stock (6000)	6000	Direct
Incentive Stock Option (right to buy)	$7.29	2009-12-08	Common Stock (2500)	2500	Direct
Incentive Stock Option (right to buy)	$49.5	2012-01-02	Common Stock (7460)	7460	Direct
Non-Qualified Stock Option (right to buy)	$0.6	2019-03-23	Common Stock (100000)	100000	Direct
Non-Qualified Stock Option (right to buy)	$2.28	2018-02-28	Common Stock (16666)	16666	Direct
Non-Qualified Stock Option (right to buy)	$7.47	2016-12-04	Common Stock (25000)	25000	Direct
Non-Qualified Stock Option (right to buy)	$15.06	2016-02-15	Common Stock (16666)	16666	Direct
Non-Qualified Stock Option (right to buy)	$22.71	2013-01-31	Common Stock (16666)	16666	Direct
Non-Qualified Stock Option (right to buy)	$25.5	2011-04-02	Common Stock (13333)	13333	Direct
Non-Qualified Stock Option (right to buy)	$28.44	2015-03-04	Common Stock (8333)	8333	Direct
Non-Qualified Stock Option (right to buy)	$46.23	2014-03-09	Common Stock (13333)	13333	Direct
Non-Qualified Stock Option (right to buy)	$49.5	2012-01-02	Common Stock (9206)	9206	Direct

Footnotes

F1: The options become exercisable over a 4-year period which commenced on September 30, 1999, as follows: 25% exercisable as of September 30, 2000, remaining 75% exercisable every month thereafter for 36 months.

F2: The options become exercisable on a monthly basis over a 4-year period which commenced on December 31, 1999, as follows: 10% exercisable as of December 31, 2000, 20% exercisable as of December 31, 2001, 30% exercisable as of December 31, 2002 and 40% exercisable as of December 31,2003.

F3: The options become exercisable on a monthly basis over a 4-year period which commenced on January 31, 2002, as follows: 10% exercisable as of January 31, 2003, 20% exercisable as of January 31, 2004, 30% exercisable as of January 31, 2005 and 40% exercisable as of January 31,2006.

F4: Becomes exercisable on a monthly basis over 3 years, commencing the last day of the month of the date of grant.

F5: The options become exercisable on a monthly basis over a 4-year period which commences February 15, 2006, as follows: 10% exercisable as of February 15, 2007, 20% exercisable as of February 15, 2008, 30% as of February 15, 2009 and 40% exercisable as of February 15, 2010.

F6: The options become exercisable on a monthly basis over a 4-year period which commenced on January 31, 2002, as follows: 10% exercisable as of January 31, 2003, 20% exercisable as of January 31, 2004, 30% exercisable as of January 31, 2005 and 40% exercisable as of January 31,2006.

F7: The options become exercisable on a monthly basis over a 4-year period which commenced on April 30, 2001, as follows: 10% exercisable as of April 30, 2002, 20% exercisable as of April 30, 2003, 30% exercisable as of April 30, 2004 and 40% exercisable as of April 30,2005.

F8: The options become exercisable monthly over a 4-year period which commenced on March 4, 2005, with 10% becoming exercisable by March 4, 2006, 20% becoming exercisable by March 4, 2007, 30% becoming exercisable by March 4, 2008, and 40% becoming exercisable by March 4, 2009.

F9: The option becomes exercisable on a monthly basis over a four year period which commences on March 31, 2004 as follows: 10% exercisable as of March 31, 2005, 20% exercisable as of March 31, 2006, 30% exercisable as of March 31, 2007, and 40% exercisable as of March 31, 2008.