Sec Form 4 Filing - ZHANG HONGMIN @ PIXELWORKS, INC - 2013-07-26

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 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(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person ZHANG HONGMIN 2. Issuer Name and Ticker or Trading Symbol PIXELWORKS, INC [ PXLW] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) Sr. VP Technology, and CTO (Last) (First) (Middle) 224 AIRPORT PARKWAY, SUITE 400 3. Date of Earliest Transaction (MM/DD/YY) 07/26/2013 (Street) SAN JOSE, CA95110 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction 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 07/26/2013 07/26/2013 F 1,468 D $ 3.38 65,881 D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction 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 (MM/DD/YY) 7. Title and Amount of Underlying Securities (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 (right to buy) $ 0.6 ( 1 ) 03/23/2019 Common Stock 100,000 100,000 D Non-Qualified Stock Option (right to buy) $ 2.28 ( 1 ) 02/28/2018 Common Stock 33,333 33,333 D Non-Qualified Stock Option (right to buy) $ 2.36 ( 1 ) 02/09/2018 Common Stock 50,000 50,000 D Non-Qualified Stock Option (right to buy) $ 3.13 ( 1 ) 02/10/2016 Common Stock 60,000 60,000 D Non-Qualified Stock Option (right to buy) $ 3.48 ( 1 ) 02/10/2017 Common Stock 60,000 60,000 D Non-Qualified Stock Option (right to buy) $ 7.47 ( 2 ) 12/04/2013 Common Stock 22,916 22,916 D Non-Qualified Stock Option (right to buy) $ 7.47 ( 1 ) 12/04/2016 Common Stock 33,333 33,333 D Non-Qualified Stock Option (right to buy) $ 15.06 ( 3 ) 02/15/2016 Common Stock 23,333 23,333 D Non-Qualified Stock Option (right to buy) $ 24.747 ( 4 ) 06/03/2012 Common Stock 2,000 2,000 D Non-Qualified Stock Option (right to buy) $ 27.66 ( 5 ) 10/01/2013 Common Stock 50,000 50,000 D Non-Qualified Stock Option (right to buy) $ 28.44 ( 6 ) 03/04/2015 Common Stock 16,666 16,666 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other ZHANG HONGMIN 224 AIRPORT PARKWAY SUITE 400 SAN JOSE, CA95110 Sr. VP Technology, and CTO Signatures Hongmin Zhang 07/30/2013 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Becomes exercisable on a monthly basis over 3 years, commencing the last day of the month of the date of grant. ( 2 )Options become exercisable over 18 months as follows: 33.3% on June 30, 2007 and 66.7% becoming exercisable at a rate of 5.56% on a monthly basis thereafter over 12 months, or through June 30, 2008. ( 3 )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. ( 4 )The options become exercisable on a monthly basis over a 4-year period which commenced on June 30, 2002, as follows: 10% exercisable as of June 30, 2003, 20% exercisable as of June 30, 2004, 30% exercisable as of June 30, 2005 and 40% exercisable as of June 30,2006. ( 5 )The option becomes exercisable on a monthly basis over a four year period which commences on October 31, 2003 as follows: 10% exercisable as of October 31, 2004, 20% exercisable as of October 31, 2005, 30% exercisable as of October 31, 2006, and 40% exercisable as of October 31, 2007. ( 6 )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.

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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