-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
 BVNtdf9PCSTPC1R3eurpj/gh9EmM8RwsVPSE5XSvf6LMOfiLEZsSzKnjEqdktwnx
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<SEC-DOCUMENT>0001181431-06-034701.txt : 20060602
<SEC-HEADER>0001181431-06-034701.hdr.sgml : 20060602
<ACCEPTANCE-DATETIME>20060602144825
ACCESSION NUMBER:		0001181431-06-034701
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20060531
FILED AS OF DATE:		20060602
DATE AS OF CHANGE:		20060602

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			DreamWorks Animation SKG, Inc.
		CENTRAL INDEX KEY:			0001297401
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-MOTION PICTURE & VIDEO TAPE PRODUCTION [7812]
		IRS NUMBER:				680589190
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		GRANDVIEW BUILDING
		STREET 2:		1000 FLOWER STREET
		CITY:			GLENDALE
		STATE:			CA
		ZIP:			91201
		BUSINESS PHONE:		(818) 695-5000

	MAIL ADDRESS:	
		STREET 1:		GRANDVIEW BUILDING
		STREET 2:		1000 FLOWER STREET
		CITY:			GLENDALE
		STATE:			CA
		ZIP:			91201

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	DreamWorks Animation, Inc.
		DATE OF NAME CHANGE:	20040715

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			WHITMAN MARGARET C
		CENTRAL INDEX KEY:			0001079816

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-32337
		FILM NUMBER:		06882887

	MAIL ADDRESS:	
		STREET 1:		EBAY INC.
		STREET 2:		2145 HAMILTON AVENUE
		CITY:			SAN JOSE
		STATE:			CA
		ZIP:			95125
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>rrd119211.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2006-05-31</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0001297401</issuerCik>
        <issuerName>DreamWorks Animation SKG, Inc.</issuerName>
        <issuerTradingSymbol>DWA</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001079816</rptOwnerCik>
            <rptOwnerName>WHITMAN MARGARET C</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O EBAY INC.</rptOwnerStreet1>
            <rptOwnerStreet2>2145 HAMILTON AVE.</rptOwnerStreet2>
            <rptOwnerCity>SAN JOSE</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>95125</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Class A common stock, par value $0.01 per share</value>
            </securityTitle>
            <transactionDate>
                <value>2006-05-31</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>5778</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0</value>
                    <footnoteId id="F1"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>10012</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>Stock Appreciation Rights</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>25.96</value>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2006-05-31</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>3852</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0</value>
                    <footnoteId id="F2"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <footnoteId id="F2"/>
            </exerciseDate>
            <expirationDate>
                <footnoteId id="F2"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Class A Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>3852</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>3852</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">Award of restricted stock units granted to Ms. Whitman pursuant to DreamWorks Animation SKG, Inc.'s 2004 Omnibus Incentive Compensation Plan.</footnote>
        <footnote id="F2">Award of stock appreciation rights granted to Ms. Whitman pursuant to DreamWorks Animation SKG, Inc.'s 2004 Omnibus Incentive Compensation Plan.  The stock appreciation rights are fully vested and expire on the tenth anniversary of their grant date.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>Katherine Kendrick, as Attorney-in-Fact for Margaret C. Whitman</signatureName>
        <signatureDate>2006-06-02</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----