SEC FORM 4

SEC Form 4

FORM 4

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
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

SHUBAT ALEXANDER

(Last)

(First)

(Middle)

(Street)

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
VIRAGE LOGIC CORP [ VIRL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	CEO and President

3. Date of Earliest Transaction (Month/Day/Year)
08/17/2010

4. If Amendment, Date of Original Filed (Month/Day/Year)

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. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	08/17/2010		G	V	41,666	D	$11.98	1,237,542	D
Common Stock	09/03/2010		M		226,563	D	$7.1476	1,464,105	D
Common Stock	09/03/2010		D⁽¹⁾		1,464,105	D	$12	0	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 (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	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 (Month/Day/Year)		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: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Stock Options (right to buy)	$7.1476	09/03/2010		M			226,563	01/29/2004	01/28/2013	Common Stock	226,563	$7.1476	425,473	D
RSUs	$0	09/03/2010		J⁽²⁾			100,000	03/12/2011	03/12/2020	Common Stock	100,000	$0	325,473	D
Stock Options (right to buy)	$16.13	09/03/2010		D⁽³⁾			155,000	02/08/2003	02/08/2012	Common Stock	155,000	$16.13	170,437	D
Stock Options (right to buy)	$8.4	09/03/2010		J⁽⁴⁾			170,437	11/09/2007	11/08/2016	Common Stock	170,437	$8.4	0	D

Explanation of Responses:

1. Pursuant to Agreement and Plan of Merger dated as of June 9, 2010 between Virage Logic and Synopsys, each share of Common Stock outstanding as of immediately prior to merger was automatically cancelled and converted to $12 cash/share.

2. Pursuant to Agreement and Plan of Merger dated as of June 9, 2010 between Virage Logic and Synopsys, each unvested RSU was converted to SNPS RSUs at a conversion rate of 0.52571. 100,000 RSUs of VIRL were converted to 52,571 SNPS RSUs with a $0 conversion price.

3. Represents cancellation of options out of the money immediately prior to the merger for no value.

4. Pursuant to Agreement and Plan of Merger dated as of June 9, 2010 between Virage Logic and Synopsys, each unvested stock option was converted to SNPS stock options at a conversion rate of 0.52571. 170,437 Options of VIRL were converted to 89,600 SNPS options with a $8.40 conversion price.

	Lisa Buck, by Power of Attorney for Alex Shubat	09/14/2010
	** 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).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.