PIXELWORKS, INC — Director's Dealing 2012

Jul 31, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PIXELWORKS, INC (PXLW)
CIK: 0001040161
Period of Report: 2012-07-26

Reporting Person: LAU YUE JOHN (Sr. VP Foundry, IP & EDA)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-07-26	Common Stock	A	11500	—	Acquired	42878	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
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 (6481)	6481	Direct
Non-Qualified Stock Option (right to buy)	$2.36	2018-02-09	Common Stock (50000)	50000	Direct
Non-Qualified Stock Option (right to buy)	$3.13	2016-02-10	Common Stock (45000)	45000	Direct
Non-Qualified Stock Option (right to buy)	$3.48	2017-02-10	Common Stock (60000)	60000	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: Each restricted stock unit represents a contingent right to receive one share of the registrant's common stock. The restricted stock units will vest 50% on the first anniversary of the grant date and 50% on the second anniversary of the grant date.

F2: 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.

F3: Becomes exercisable on a monthly basis over 3 years, commencing the last day of the month of the date of grant.

F4: 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.

F5: 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.

F6: 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.

F7: 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.

F8: 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.