Sec Form 4 Filing - BIRAN DAN @ ALTERA CORP - 2014-07-31

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 BIRAN DAN 2. Issuer Name and Ticker or Trading Symbol ALTERA CORP [ ALTR] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) Sr VP, Strategy (Last) (First) (Middle) 101 INNOVATION DRIVE 3. Date of Earliest Transaction (MM/DD/YY) 07/31/2014 (Street) SAN JOSE, CA95134 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 07/31/2014 M 4,875 A $ 0 ( 1 ) 14,560 D Common Stock 07/31/2014 M 10,750 A $ 0 ( 1 ) 25,310 D Common Stock 07/31/2014 M 11,375 A $ 0 ( 1 ) 36,685 D Common Stock 08/01/2014 S 4,875 D $ 32.6355 ( 2 ) 31,810 D Common Stock 08/01/2014 S 10,750 D $ 32.6355 ( 2 ) 21,060 D Common Stock 08/01/2014 S 11,375 D $ 32.6355 ( 2 ) 9,685 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 Performance Restricted Stock Unit (3) ( 1 ) 07/31/2014 M 11,375 ( 3 ) ( 4 ) Common Stock 11,375 $ 0 0 D Restricted Stock Unit (RSU) ( 1 ) 07/31/2014 M 4,875 ( 5 ) ( 4 ) Common Stock 4,875 $ 0 50,136 D Restricted Stock Unit (RSU) ( 1 ) 07/31/2014 M 10,750 ( 6 ) ( 4 ) Common Stock 10,750 $ 0 39,386 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other BIRAN DAN 101 INNOVATION DRIVE SAN JOSE, CA95134 Sr VP, Strategy Signatures Danny Biran 08/03/2014 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Each restricted stock unit ("RSU") represents a contingent right to receive at settlement one share of Altera common stock at no cost. ( 2 )The 27,000 shares were sold in 52 lots ranging from 24 shares to 2031 shares per lot. The sale price ranged between $32.45 and $32.82. The price reported above represents the weighted average sale price. The Reporting Person undertakes to provide to any security holder of Altera Corporation or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares and prices at which the transactions were affected. ( 3 )On February 19, 2010, the reporting person received a grant of performance based restricted stock units ("RSUs"). The RSUs commenced vesting on July 31, 2011 at a rate of 25% annually. One fourth of the RSUs vested on July 31, 2014 and shares were delivered to the reporting person on that date. ( 4 )The grant shall expire ten years from the date of grant. ( 5 )On February 19, 2010, the reporting person received a grant of RSUs that vest over a four-year period beginning on July 31, 2011. One fourth of the RSUs vested on July 31, 2014 and shares were delivered to the reporting person on that date. ( 6 )On February 25, 2011, the reporting person received a grant of RSUs that vest over a four-year period beginning on July 31, 2012. One fourth of the RSUs vested on July 31, 2014 and shares were delivered to the reporting person on that 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).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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