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^*

BENHAMOU ERIC

(Last)

(First)

(Middle)

198 CHAMPION COURT

(Street)

SAN JOSE

95134

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
CYPRESS SEMICONDUCTOR CORP /DE/ [ CY ]

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)
07/31/2009

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	07/31/2009		M		1,200	A	$3.1916	118,564	D
Common Stock	07/31/2009		S		1,200	D	$10.6001	117,364	D
Common Stock	07/31/2009		M		2,900	A	$3.1916	120,264	D
Common Stock	07/31/2009		S		2,900	D	$10.7101	117,364	D
Common Stock	07/31/2009		M		800	A	$3.1916	118,164	D
Common Stock	07/31/2009		S		800	D	$10.7001	117,364	D
Common Stock	07/31/2009		M		12,400	A	$3.1916	129,764	D
Common Stock	07/31/2009		S		12,400	D	$10.66	117,364	D
Common Stock	07/31/2009		M		100	A	$3.1916	117,464	D
Common Stock	07/31/2009		S		100	D	$10.7002	117,364	D
Common Stock	07/31/2009		M		3,500	A	$3.1916	120,864	D
Common Stock	07/31/2009		S		3,500	D	$10.7	117,364	D
Common Stock	07/31/2009		M		600	A	$3.1916	117,964	D
Common Stock	07/31/2009		S		600	D	$10.705	117,364	D
Common Stock	07/31/2009		M		500	A	$3.1916	117,864	D
Common Stock	07/31/2009		S		500	D	$10.695	117,364	D
Common Stock	07/31/2009		M		608	A	$3.1916	117,972	D
Common Stock	07/31/2009		S		608	D	$10.6	117,364	D
Common Stock	07/31/2009		M		33,200	A	$3.1916	150,564	D
Common Stock	07/31/2009		S		33,200	D	$10.69	117,364	D
Common Stock	07/31/2009		M		9,742	A	$3.1916	127,106	D
Common Stock	07/31/2009		S		9,742	D	$10.6801	117,364	D
Common Stock	07/31/2009		M		5,900	A	$3.1916	123,264	D
Common Stock	07/31/2009		S		5,900	D	$10.6901	117,364	D
Common Stock	07/31/2009		M		5,000	A	$3.1916	122,364	D
Common Stock	07/31/2009		S		5,000	D	$10.64	117,364	D
Common Stock	07/31/2009		M		2,100	A	$3.1916	119,464	D
Common Stock	07/31/2009		S		2,100	D	$10.71	117,364	D
Common Stock	07/31/2009		M		2,700	A	$3.1916	120,064	D
Common Stock	07/31/2009		S		2,700	D	$10.6701	117,364	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)
Non Qualified Stock Option	$3.1916	07/31/2009		M			1,200	07/31/2009	07/22/2013	Common Stock	1,200	$10.6001	472,060⁽¹⁾	D
Non Qualified Stock Option	$3.1916	07/31/2009		M			2,900	07/31/2009	07/22/2013	Common Stock	2,900	$10.7101	469,160⁽¹⁾	D
Non Qualified Stock Option	$3.1916	07/31/2009		M			800	07/31/2009	07/22/2013	Common Stock	800	$10.7001	468,360⁽¹⁾	D
Non Qualified Stock Option	$3.1916	07/31/2009		M			12,400	07/31/2009	07/22/2013	Common Stock	12,400	$10.66	455,960⁽¹⁾	D
Non Qualified Stock Option	$3.1916	07/31/2009		M			100	07/31/2009	07/22/2013	Common Stock	100	$10.7002	455,860⁽¹⁾	D
Non Qualified Stock Option	$3.1916	07/31/2009		M			3,500	07/31/2009	07/22/2013	Common Stock	3,500	$10.7	452,360⁽¹⁾	D
Non Qualified Stock Option	$3.1916	07/31/2009		M			600	07/31/2009	07/22/2013	Common Stock	600	$10.705	451,760⁽¹⁾	D
Non Qualified Stock Option	$3.1916	07/31/2009		M			500	07/31/2009	07/22/2013	Common Stock	500	$10.695	451,260⁽¹⁾	D
Non Qualified Stock Option	$3.1916	07/31/2009		M			608	07/31/2009	07/22/2013	Common Stock	608	$10.6	450,652⁽¹⁾	D
Non Qualified Stock Option	$3.1916	07/31/2009		M			33,200	07/31/2009	07/22/2013	Common Stock	33,200	$10.69	417,452⁽¹⁾	D
Non Qualified Stock Option	$3.1916	07/31/2009		M			9,742	07/31/2009	07/22/2013	Common Stock	9,742	$10.6801	407,710⁽¹⁾	D
Non Qualified Stock Option	$3.1916	07/31/2009		M			5,900	07/31/2009	07/22/2013	Common Stock	5,900	$10.6901	401,810⁽¹⁾	D
Non Qualified Stock Option	$3.1916	07/31/2009		M			5,000	07/31/2009	07/22/2013	Common Stock	5,000	$10.64	396,810⁽¹⁾	D
Non Qualified Stock Option	$3.1916	07/31/2009		M			2,100	07/31/2009	07/22/2013	Common Stock	2,100	$10.71	394,710⁽¹⁾	D
Non Qualified Stock Option	$3.1916	07/31/2009		M			2,700	07/31/2009	07/22/2013	Common Stock	2,700	$10.6701	392,010⁽¹⁾	D

Explanation of Responses:

1. Under the terms of the resolution of the Board of Directors, all options, RSUs and RSAs outstanding on September 29, 2008 have been adjusted by the SunPower conversion ratio of 4.12022 per share.

Remarks:

1 of 2 of Form 4

	Neil H. Weiss, Treasurer, as attorney-in-fact for Eric Benhamou.	08/03/2009
	** 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.