-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 K6XSes74AiCppfPcsuRyJa4hL+Ij9Tjk1zBSrprijmStyu+gSSgekyH7kzKjrIMI
 Bza0djwG7gGckutfQVjOPA==

<SEC-DOCUMENT>0001181431-04-020908.txt : 20040416
<SEC-HEADER>0001181431-04-020908.hdr.sgml : 20040416
<ACCEPTANCE-DATETIME>20040416120413
ACCESSION NUMBER:		0001181431-04-020908
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20040414
FILED AS OF DATE:		20040416

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			POLESTRA FRANK M
		CENTRAL INDEX KEY:			0001010503

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-30293
		FILM NUMBER:		04737487

	BUSINESS ADDRESS:	
		STREET 1:		60
		STREET 2:		60 STATE STREET 19TH FLOOR
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02109-1820
		BUSINESS PHONE:		6174224960

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			EMBARCADERO TECHNOLOGIES INC
		CENTRAL INDEX KEY:			0001107112
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN [7373]
		IRS NUMBER:				680310015
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		425 MARKET ST.
		STREET 2:		SUITE 425
		CITY:			SAN FRANCISCO
		STATE:			CA
		ZIP:			94105
		BUSINESS PHONE:		4158343131

	MAIL ADDRESS:	
		STREET 1:		425 MARKET ST.
		STREET 2:		SUITE 425
		CITY:			SAN FRANCISCO
		STATE:			CA
		ZIP:			94105
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>rrd39736.xml
<DESCRIPTION>4-14-04 GRANT
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0201</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2004-04-14</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0001107112</issuerCik>
        <issuerName>EMBARCADERO TECHNOLOGIES INC</issuerName>
        <issuerTradingSymbol>EMBT</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001010503</rptOwnerCik>
            <rptOwnerName>POLESTRA FRANK M</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O EMBARCADERO TECHNOLOGIES, INC</rptOwnerStreet1>
            <rptOwnerStreet2>425 MARKET ST.  STE 425</rptOwnerStreet2>
            <rptOwnerCity>SAN FRANCISCO</rptOwnerCity>
            <rptOwnerState></rptOwnerState>
            <rptOwnerZipCode>94105</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>Stock Option (right to buy)</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>13.71</value>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2004-04-14</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>5000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>13.71</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <footnoteId id="F1"/>
            </exerciseDate>
            <expirationDate>
                <value>2014-04-14</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>5000</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>5000</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">(1) Vesting of the stock option will be in equal quarterly installments for a period of three years.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>Frank M. Polestra (By: /s/ Raj P. Sabhlok (Attorney in fact))</signatureName>
        <signatureDate>2004-04-16</signatureDate>
    </ownerSignature>
</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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