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

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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^*

CROSSLINK CAPITAL INC

(Last)

(First)

(Middle)

TWO EMBARCADERO CENTER

SUITE 2200

(Street)

SAN FRANCISCO

94111

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
VIRAGE LOGIC CORP [ VIRL ]

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

Director		10% Owner
Officer (give title below)	X	Other (specify below)
		Affiliate of Director (Note 1)

3. Date of Earliest Transaction (Month/Day/Year)
05/18/2007

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	05/18/2007		S		25,000	D	$7.02	1,922,148	I	See Notes⁽¹⁾⁽²⁾⁽³⁾⁽⁴⁾⁽⁵⁾⁽⁶⁾
Common Stock	05/18/2007		P		25,000	A	$7.02	1,922,148	I	See Notes⁽¹⁾⁽²⁾⁽³⁾⁽⁴⁾⁽⁵⁾⁽⁶⁾

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)

Explanation of Responses:

1. The securities reported as beneficially owned by Crosslink Capital, Inc. ("Crosslink") on this Form 4 include securities also beneficially owned by the following affiliates of Crosslink (collectively, the "Crosslink Affiliates"): Crosslink Omega III Holdings, L.L.C. ("Omega III Holdings"), Crossover Fund III Management, L.L.C. ("Crossover III Management"), Crossover Fund IV Management, L.L.C. ("Crossover IV"), Crossover Investment Management, L.L.C. ("Crossover Investment Management"), Delta Growth Management, LLC ("Delta Growth"), Ten Mile Management, LLC ("Ten Mile"), Michael J. Stark, Daniel John Dunn, Thomas Edward Bliska, David I. Epstein, James Feuille, Charles Finnie and Bruce MacNaughton.

2. Crosslink is an investment adviser to investment funds (the "Funds") of which Omega III Holdings, Crossover III Management, Crossover IV, Crossover Investment Management, Delta Growth or Ten Mile is the general partner, manager or the holder of Class B Units. Mr. Stark is the control person of Crosslink and Omega III Holdings. Mr. Stark, Mr. Bliska and Mr. Dunn are the control persons of Crossover Investment Management and Crossover III Management. Mr. Stark, Mr. Bliska, Mr. Dunn, Mr. Epstein, Mr. Feuille, Mr. Finnie and Mr. MacNaughton are control persons of Crossover IV. Mr. Stark is the control person of Delta Growth. Mr. Bliska is a control person of Ten Mile.

3. These securities are indirectly beneficially owned by Crosslink or Crossover III Management as the investment adviser to the Funds, by Crossover III Management, Omega III Holdings, Crossover IV, Crossover Investment Management, Delta Growth and Ten Mile as the general partner, manager or holder of Class B Units of the Funds, and by Mr. Stark, Mr. Bliska, Mr. Dunn, Mr. Epstein, Mr. Finnie and Mr. MacNaughton as the various control persons of those entities. Crosslink and each Crosslink Affiliate disclaims beneficial ownership of such securities except to the extent of that person's pecuniary interest therein.

4. Crosslink and the Crosslink Affiliates are filing this Form 4 jointly, but not as a group, and each of them expressly disclaims membership in a group, within the meaning of Rule 13d-5(b) under the Securities Exchange Act of 1934, as amended. These securities are held directly by the Funds. The transactions reported reflect the purchase and sale of these securities between two Funds, but do not change the overall beneficial ownership or pecuniary interest of Crosslink or the Crosslink Affiliates in these securities.

5. Mr. Stark is a director of the Issuer. Because of this position, Crosslink and the Crosslink Affiliates could be deemed insiders of the Issuer notwithstanding the fact that Crosslink and the Crosslink Affiliates collectively own less than 10% of the Issuer's outstanding common stock.

6. The amount of common stock beneficially owned following the reported sale includes 11,992 shares directly beneficially owned by Mr. Stark, Mr. Bliska and Mr. Dunn.

	Crosslink Capital, Inc. by Michael J. Stark, President	05/22/2007
	** 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).
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