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^*

Dagenais Michel A

(Last)

(First)

(Middle)

5435 NE DAWSON CREEK DRIVE

(Street)

HILLSBORO

97124

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
RADISYS CORP [ RSYS ]

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

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Executive Officer

3. Date of Earliest Transaction (Month/Day/Year)
05/15/2012

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	05/15/2012		M		499	A	$0.38	184,965	I	by Trust⁽¹⁾
Common Stock	05/15/2012		M		116	A	$0.38	185,081	I	by Trust⁽¹⁾
Common Stock	05/15/2012		M		915	A	$0.38	185,996	I	by Trust⁽¹⁾
Common Stock	05/15/2012		M		214	A	$0.38	186,210	I	by Trust⁽¹⁾
Common Stock	05/15/2012		M		728	A	$0.38	186,938	I	by Trust⁽¹⁾
Common Stock	05/15/2012		M		170	A	$0.38	187,108	I	by Trust⁽¹⁾
Common Stock	05/15/2012		M		1,129	A	$0.77	188,237	I	by Trust⁽¹⁾
Common Stock	05/15/2012		M		309	A	$0.77	188,546	I	by Trust⁽¹⁾
Common Stock								4,998	D
Common Stock								5,526	I	*⁽²⁾

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 (right to buy)	$0.38	05/15/2012		M			499	07/16/2011⁽³⁾	03/12/2019	Common Stock	499	$0	5,894	I	by Trust⁽¹⁾
Non-Qualified Stock Option (right to buy)	$0.38	05/15/2012		M			116	07/16/2011⁽⁴⁾	03/12/2019	Common Stock	116	$0	5,778	I	by Trust⁽¹⁾
Non-Qualified Stock Option (right to buy)	$0.38	05/15/2012		M			915	07/12/2011⁽⁵⁾	04/24/2019	Common Stock	915	$0	9,669	I	by Trust⁽¹⁾
Non-Qualified Stock Option (right to buy)	$0.38	05/15/2012		M			214	07/12/2011⁽⁶⁾	04/24/2019	Common Stock	214	$0	9,455	I	by Trust⁽¹⁾
Non-Qualified Stock Option (right to buy)	$0.38	05/15/2012		M			728	07/10/2011⁽⁷⁾	12/10/2019	Common Stock	728	$0	11,973	I	by Trust⁽¹⁾
Non-Qualified Stock Option (right to buy)	$0.38	05/15/2012		M			170	07/10/2011⁽⁸⁾	12/10/2019	Common Stock	170	$0	11,803	I	by Trust⁽¹⁾
Non-Qualified Stock Option (right to buy)	$0.77	05/15/2012		M			1,129	07/22/2011⁽⁹⁾	04/22/2020	Common Stock	1,129	$0	32,483	I	by Trust⁽¹⁾
Non-Qualified Stock Option (right to buy)	$0.77	05/15/2012		M			309	07/22/2011⁽¹⁰⁾	04/22/2020	Common Stock	309	$0	32,174	I	by Trust⁽¹⁾

Explanation of Responses:

1. Shares for the reporting person are held in the Dagenais Family Trust.

2. Shares for the reporting person are held by CCPUExecutives LLC by the Dagenais Family Trust.

3. Option is exercisable for 1/18th of the total option shares each month commencing July 16, 2011.

4. Option is exercisable for 1/18th of the total option shares each month commencing July 16, 2011 and a portion of the shares are considered a Contingent Assumed Option that will only be released and available for exercise if and to the extent that Per Share Contingent Payment Amounts are paid to former stockholders of Continuous Computing.

5. Option is exercisable for 1/21st of the total option shares each month commencing July 12, 2011.

6. Option is exercisable for 1/21st of the total option shares each month commencing July 12, 2011 and is a Contingent Assumed Option that will only be released and available for exercise if and to the extent that Per Share Contingent Payment Amounts are paid to former stockholders of Continuous Computing.

7. Option is exercisable for 1/30th of the total option shares each month commencing July 10, 2011.

8. Option is exercisable for 1/30th of the total option shares each month commencing July 10, 2011 and a portion of the shares are considered a Contingent Assumed Option that will only be released and available for exercise if and to the extent that Per Share Contingent Payment Amounts are paid to former stockholders of Continuous Computing.

9. Option is exercisable for 1/34th of the total option shares each month commencing July 22, 2011.

10. Option is exercisable for 1/34th of the total option shares each month commencing July 22, 2011 and a portion of the shares are considered a Contingent Assumed Option that will only be released and available for exercise if and to the extent that Per Share Contingent Payment Amounts are paid to former stockholders of Continuous Computing.

	By: Allen Muhich, Attorney-In-Fact For: Michel A. Dagenais	05/16/2012
	** 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.