Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
Chatila Ahmad R
   2. Issuer Name and Ticker or Trading Symbol
CYPRESS SEMICONDUCTOR CORP /DE/ [CY] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Executive Vice President
(Last)
(First)
(Middle)
198 CHAMPION COURT		 3. Date of Earliest Transaction (Month/Day/Year)
02/10/2009
(Street)

SAN JOSE, CA 95134		 4. If Amendment, Date 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
(City)
(State)
(Zip)
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 02/10/2009   M   4,532 A $ 1.7887 69,164 D  
Common Stock 02/10/2009   S   4,532 D $ 5.1556 64,632 D  
Common Stock 02/10/2009   M   4,944 A $ 1.7887 69,576 D  
Common Stock 02/10/2009   S   4,944 D $ 5.1556 64,632 D  
Common Stock 02/10/2009   M   21,974 A $ 4.757 86,606 D  
Common Stock 02/10/2009   S   21,974 D $ 5.1556 64,632 D  
Common Stock 02/10/2009   M   16,481 A $ 3.5314 81,113 D  
Common Stock 02/10/2009   S   16,481 D $ 5.1556 64,632 D  
Common Stock 02/10/2009   M   5,494 A $ 3.5314 70,126 D  
Common Stock 02/10/2009   S   5,494 D $ 5.1556 64,632 D  
Common Stock 02/10/2009   M   36,917 A $ 3.9877 101,549 D  
Common Stock 02/10/2009   S   36,917 D $ 5.1556 64,632 D  
Common Stock 02/10/2009   M   56,653 A $ 3.3785 121,285 D  
Common Stock 02/10/2009   S   56,653 D $ 5.1556 64,632 D  
Common Stock 02/10/2009   M   21,977 A $ 2.1916 86,609 D  
Common Stock 02/10/2009   S   21,977 D $ 5.1556 64,632 D  

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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 Underlying Securities
(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 of Derivative Security: 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 $ 1.7887 02/10/2009   M     4,532 02/10/2009 03/27/2013 Common Stock 4,532 $ 5.1556 344,716 (1) D  
Non Qualified Stock Option $ 1.7887 02/10/2009   M     4,944 02/10/2009 03/27/2013 Common Stock 4,944 $ 5.1556 339,772 D  
Non Qualified Stock Option $ 4.757 02/10/2009   M     21,974 02/10/2009 10/23/2013 Common Stock 21,974 $ 5.1556 317,798 D  
Non Qualified Stock Option $ 3.5314 02/10/2009   M     16,481 02/10/2009 02/25/2015 Common Stock 16,481 $ 5.1556 301,317 D  
Non Qualified Stock Option $ 3.5314 02/10/2009   M     5,494 02/10/2009 02/25/2015 Common Stock 5,494 $ 5.1556 295,823 D  
Non Qualified Stock Option $ 3.9877 02/10/2009   M     36,917 02/10/2009 10/27/2016 Common Stock 36,917 $ 5.1556 258,906 D  
Non Qualified Stock Option $ 3.3785 02/10/2009   M     56,653 02/10/2009 07/18/2015 Common Stock 56,653 $ 5.1556 202,253 D  
Non Qualified Stock Option $ 2.1916 02/10/2009   M     21,977 02/10/2009 10/08/2014 Common Stock 21,977 $ 5.1556 180,276 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Chatila Ahmad R
198 CHAMPION COURT
SAN JOSE, CA 95134		       Executive Vice President  

Signatures

 Ahmad Chatila   02/12/2009
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) Includes 264,484 options issued as a result of the spin of SunPower Corporation on September 29, 2008 as authorized by the Cypress Board of Directors.

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