PIXELWORKS, INC — Director's Dealing 2014

Feb 3, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PIXELWORKS, INC (PXLW)
CIK: 0001040161
Period of Report: 2014-01-31

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-01-31	Common Stock	P	3000	$2.89	Acquired	323454	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)	$2.36	2018-02-09	Common Stock (75000)	75000	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: The reporting person is voluntarily reporting the acquisition of shares of the Company's common stock pursuant to the Company's Employee Stock Purchase Plan (ESPP) and the purchase price reflects the allowable discount allowed under the ESPP. This transaction is exempt under Rule 16b-3(c).

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