PIXELWORKS, INC — Director's Dealing 2012

Feb 14, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PIXELWORKS, INC (PXLW)
CIK: 0001040161
Period of Report: 2012-02-09

Reporting Person: CHAN TZOYAO (Exec. VP of Engineering)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-02-09	Non-Qualified Stock Option (right to buy)	$2.36	A	75000	Acquired	2018-02-09	Common Stock (75000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	212331	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Non-Qualified Stock Option (right to buy)	$0.72	2019-01-01	Common Stock (76000)	76000	Direct
Non-Qualified Stock Option (right to buy)	$3.13	2016-02-10	Common Stock (60000)	60000	Direct
Non-Qualified Stock Option (right to buy)	$3.48	2017-02-10	Common Stock (60000)	60000	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: 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.