X0202 4 2006-03-27 0 0000875359 MICRO LINEAR CORP /CA/ MLIN 0001221267 SCHRADLE MICHAEL W MICRO LINEAR CORP 2050 CONCOURSE DR SAN JOSE CA 95131 0 1 0 0 Chief Financial Officer Incentive Stock Option (right to buy) 1.67 2006-03-28 4 A 0 89162 0 A 2011-03-28 Common Stock 89162 89162 D Incentive Stock Option (right to buy) 3.05 2006-03-27 4 D 0 40000 0 D 2013-07-21 Common Stock 40000 0 D Incentive Stock Option (right to buy) 3.625 2006-03-27 4 D 0 2481 0 D 2011-01-23 Common Stock 2481 0 D Incentive Stock Option (right to buy) 4.3 2006-03-27 4 D 0 42926 0 D 2015-04-26 Common Stock 42926 0 D Incentive Stock Option (right to buy) 6.5 2006-03-27 4 D 0 60735 0 D 2010-07-14 Common Stock 60735 801 D Incentive Stock Option (right to buy) 6.5 2006-03-27 4 D 0 801 0 D 2010-07-14 Common Stock 801 0 D Non-Qualified Stock Option (right to buy) 1.67 2006-03-28 4 A 0 43692 0 A 2011-03-28 Common Stock 43692 43692 D Non-Qualified Stock Option (right to buy) 1.67 2006-03-28 4 A 0 89870 0 A 2011-03-28 Common Stock 89870 133562 D Non-Qualified Stock Option (right to buy) 3.625 2006-03-27 4 D 0 47519 0 D 2011-01-23 Common Stock 47519 0 D Non-Qualified Stock Option (right to buy) 4.3 2006-03-27 4 D 0 12074 0 D 2015-04-26 Common Stock 12074 0 D Non-Qualified Stock Option (right to buy) 6.5 2006-03-27 4 D 0 38464 0 D 2010-07-14 Common Stock 38464 0 D 25% of the shares subject to the option become exercisable on 9/28/06. The balance of the shares subject to the option become exercisable ratably over the following 18 months. The option will be fully vested on 3/28/08. Each of the options cancelled as part of the March 2006 option exchange vested over four years from the grant date. On March 27, 2006, the issuer cancelled, pursuant to an option exchange program, options granted to the reporting person which are reported as dispositions on this Form 4. In exchange for these options, the reporting person was granted new options on March 28, 2006, which are reported as acquisitions on this Form 4. Michael W. Schradle 2006-03-29