SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person* OCAMPO RAYMOND L JR (Last) (First) (Middle) 2207 BRIDGEPOINTE PARKWAY, SUITE 500 (Street) SAN MATEO CA 94404 (City) (State) (Zip)	2. Date of Event Requiring Statement (Month/Day/Year) 07/15/2010	3. Issuer Name and Ticker or Trading Symbol ACTUATE CORP [ ACTU ]
		4. Relationship of Reporting Person(s) to Issuer (Check all applicable) X Director 10% Owner Officer (give title below) Other (specify below)	5. 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 Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock(1)(2)	12,500	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Option (right to buy)	07/15/2011(3)	07/15/2020	Common Stock	25,000	$0	D

Explanation of Responses:

1. Represents shares of the Issuer's common stock underlying restricted stock units ("RSUs") awarded to the Reporting Person. The RSUs will vest in a series of four successive equal annual installments, with the first installment to vest on August 15, 2011 and the remaining installments to vest on the second, third and fourth anniversaries of the July 15, 2010 award date, provided the Reporting Person remains a director through such date, subject to accelerated vesting upon the Reporting Person's termination of directorship under certain prescribed circumstances within 12 months following certain changes in

2. ownership or control of the Issuer or during the period commencing with the Issuer's execution of a definitive agreement to effect a change in control and ending on the earlier to occur of (i) the closing of the change in control transaction or (ii) the termination of such definitive agreement. Unless the Reporting Person elects to defer the issuance of the shares until the Reporting Person's separation of service from the Issuer, the shares of the Issuer's common stock will be issued as the RSU's vest.

3. Option becomes exercisable as to 1/4 of the option shares after one year from the vesting commencement date of July 15, 2010 and for the balance in a series of equal monthly installments over the following 36 month

	/s/ Raymond L. Ocampo Jr.	07/20/2010
	** 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 5 (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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