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*
SILVER LOUIS

(Last) (First) (Middle)
C/O DSP GROUP, INC.
3120 SCOTT BLVD

(Street)
SANTA CLARA CA 95054

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
DSP GROUP INC /DE/ [ DSPG ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
05/31/2006
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)
Code V Amount (A) or (D) Price
Common Stock 05/31/2006 M 1,600 A $12.5361 1,600 D
Common Stock 05/31/2006 S 1,600 D $25.8613 0 D
Common Stock 05/31/2006 M 662 A $12.5361 662 D
Common Stock 05/31/2006 S 662 D $25.8613 0 D
Common Stock 05/31/2006 M 174 A $12.5361 174 D
Common Stock 05/31/2006 S 174 D $25.8613 0 D
Common Stock 05/31/2006 M 165 A $12.5361 165 D
Common Stock 05/31/2006 S 165 D $25.8613 0 D
Common Stock 05/31/2006 M 165 A $12.5361 165 D
Common Stock 05/31/2006 S 165 D $25.8613 0 D
Common Stock 05/31/2006 M 165 A $12.5361 165 D
Common Stock 05/31/2006 S 165 D $25.8613 0 D
Common Stock 05/31/2006 M 165 A $12.5361 165 D
Common Stock 05/31/2006 S 165 D $25.8613 0 D
Common Stock 05/31/2006 M 165 A $12.5361 165 D
Common Stock 05/31/2006 S 165 D $25.8613 0 D
Common Stock 05/31/2006 M 165 A $12.5361 165 D
Common Stock 05/31/2006 S 165 D $25.8613 0 D
Common Stock 05/31/2006 M 165 A $12.5361 165 D
Common Stock 05/31/2006 S 165 D $25.8613 0 D
Common Stock 05/31/2006 M 165 A $12.5361 165 D
Common Stock 05/31/2006 S 165 D $25.8613 0 D
Common Stock 05/31/2006 M 165 A $12.5361 165 D
Common Stock 05/31/2006 S 165 D $25.8613 0 D
Common Stock 05/31/2006 M 79 A $12.5361 79 D
Common Stock 05/31/2006 S 79 D $25.8613 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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (Right to Buy) $12.5361 05/31/2006 M 1,600 08/05/2003 08/04/2009 Common Stock 1,600 $0 164,307 D
Stock Option (Right to Buy) $12.5361 05/31/2006 M 662 08/05/2003 08/04/2009 Common Stock 662 $0 163,645 D
Stock Option (Right to Buy) $12.5361 05/31/2006 M 174 11/05/2003 08/04/2009 Common Stock 174 $0 163,471 D
Stock Option (Right to Buy) $12.5361 05/31/2006 M 165 02/05/2004 08/04/2009 Common Stock 165 $0 163,306 D
Stock Option (Right to Buy) $12.5361 05/31/2006 M 165 05/05/2004 08/04/2009 Common Stock 165 $0 163,141 D
Stock Option (Right to Buy) $12.5361 05/31/2006 M 165 08/05/2004 08/04/2009 Common Stock 165 $0 162,976 D
Stock Option (Right to Buy) $12.5361 05/31/2006 M 165 11/05/2004 08/04/2009 Common Stock 165 $0 162,811 D
Stock Option (Right to Buy) $12.5361 05/31/2006 M 165 02/05/2005 08/04/2009 Common Stock 165 $0 162,646 D
Stock Option (Right to Buy) $12.5361 05/31/2006 M 165 05/05/2005 08/04/2009 Common Stock 165 $0 162,481 D
Stock Option (Right to Buy) $12.5361 05/31/2006 M 165 08/05/2005 08/04/2009 Common Stock 165 $0 162,316 D
Stock Option (Right to Buy) $12.5361 05/31/2006 M 165 11/05/2005 08/04/2009 Common Stock 165 $0 162,151 D
Stock Option (Right to Buy) $12.5361 05/31/2006 M 165 02/05/2006 08/04/2009 Common Stock 165 $0 161,986 D
Stock Option (Right to Buy) $12.5361 05/31/2006 M 79 05/05/2006 08/04/2009 Common Stock 79 $0 161,907 D
Explanation of Responses:
/s/ Louis Silver 06/02/2006
** 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.