Cypress Semiconductor Corporation
CYPRESS SEMICONDUCTOR CORP /DE/ (Form: 4, Received: 05/07/2009 16:19:02)
FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public
Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

NAZARIAN DANA
2. Issuer Name and Ticker or Trading Symbol

CYPRESS SEMICONDUCTOR CORP /DE/ [ CY ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
Executive Vice President
(Last)          (First)          (Middle)

198 CHAMPION COURT
3. Date of Earliest Transaction (MM/DD/YYYY)

5/5/2009
(Street)

SAN JOSE, CA 95135
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock   5/5/2009     M    50946   A $4.0872   84107   D    
Common Stock   5/5/2009     S    50946   D $8.17   33161   D    
Common Stock   5/5/2009     M    30934   A $1.563   64095   D    
Common Stock   5/5/2009     S    30934   D $8.17   33161   D    
Common Stock   5/5/2009     M    26781   A $4.0872   59942   D    
Common Stock   5/5/2009     S    26781   D $8.17   33161   D    
Common Stock   5/5/2009     M    26437   A $4.757   59598   D    
Common Stock   5/5/2009     S    26437   D $8.17   33161   D    
Common Stock   5/5/2009     M    10300   A $4.0872   43461   D    
Common Stock   5/5/2009     S    10300   D $8.17   33161   D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Non Qualified Stock Option   $4.0872   5/5/2009           50946    5/5/2009   10/8/2011   Common Stock   50946   $8.17   321448   D    
Non Qualified Stock Option   $1.563   5/5/2009           30934    5/5/2009   10/1/2012   Common Stock   30934   $8.17   290514   D    
Non Qualified Stock Option   $4.0872   5/5/2009           26781    5/5/2009   10/8/2011   Common Stock   26781   $8.17   263733   D    
Non Qualified Stock Option   $4.757   5/5/2009           26437    5/5/2009   10/23/2013   Common Stock   26437   $8.17   237296   D    
Non Qualified Stock Option   $4.0872   5/5/2009           10300    5/5/2009   10/8/2011   Common Stock   10300   $8.17   226996   D    

Explanation of Responses:

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
NAZARIAN DANA
198 CHAMPION COURT
SAN JOSE, CA 95135


Executive Vice President

Signatures
Dana Nazarian 5/7/2009
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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