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
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 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*
LOPEZ EDWARD
(Last) (First) (Middle)
1140 EAST ARQUES AVE.
(Street)
SUNNYVALE CA 94085
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
SILICON IMAGE INC [ SIMG ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Legal and Admin.Officer
3. Date of Earliest Transaction (Month/Day/Year)
08/15/2012
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)
Code V Amount (A) or (D) Price
Common Stock 08/15/2012 A 12,500(1) A $0 106,741 D
Common Stock 08/16/2012 F 459(2) D $5.21 106,282 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
Non-Qualified Stock Option (right to buy) $5.15 08/15/2012 A 50,000 08/15/2013(3) 08/15/2019 Common Stock 50,000 $0 50,000 D
Performance Shares $0 08/15/2012 A 12,500 08/15/2013(4) (5) Common Stock 12,500 $0 12,500 D
Explanation of Responses:
1. The restricted stock units shall vest with respect to one fourth (1/4) of the total number of shares (rounded to the nearest whole share) on each one year anniversary of the Grant Date until such time as the restricted stock units are vested with respect to all of the shares.
2. Represents shares withheld from the released restricted stock units for the payment of applicable income and payroll withholding taxes due on release.
3. The option shall become vested and exercisable with respect to one fourth (1/4) of the total number of shares (rounded to the nearest whole share) on the one year anniversary of the Grant Date, and thereafter, at the end of each full succeeding month, the option shall become vested and exercisable with respect to an additional one forty-eighth (1/48) of the total number of shares (rounded to the nearest whole share) until such time as the option is vested and exercisable with respect to all of the shares.
4. The RSUs with perf based vesting will vest over 4 yrs, with 25% of the total number of shares vesting on each anniv of the Grant Date (GD), provided that, on each such anniv date the average closing price per share of the Registrant's common stock calculated for the 60 day period ending on the trading day preceding such anniv date (the "Average Price") is:(i) equal to or greater than $4.52 on the 1st anniv of the GD;(ii) on the 2nd anniv of the GD, equal to or greater than the Avg Price on the 1st anniv of the GD multiplied by 1.06;(iii) on the 3rd anniv of the GD, equal to or greater than the Avg Price on the 2nd anniv of the GD multiplied by 1.06; and (iv) on the 4th anniv of the GD, equal to or greater than the Avg Price on the 3rd anniv of the GD multiplied by 1.06.
5. Any RSUs not vesting on an anniversary of the Grant Date due to the price of the Registrant's common stock not satisfying the foregoing conditions shall be forfeited.
By: Liz Casolari, Attorney in Fact For: Edward Lopez 08/17/2012
** 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.