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)
10/19/2007
(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 10/19/2007   S   10,985 (1) D $ 32.5136 10,528 D  
Common Stock 10/19/2007   S   959 (2) D $ 32.5136 9,569 D  
Common Stock 10/19/2007   M   33,530 A $ 23.82 43,099 D  
Common Stock 10/19/2007   S   33,530 D $ 32.5136 9,569 D  
Common Stock 10/19/2007   M   20,500 A $ 16.84 30,069 D  
Common Stock 10/19/2007   S   20,500 D $ 32.5136 9,569 D  
Common Stock 10/19/2007   M   5,000 A $ 19 14,569 D  
Common Stock 10/19/2007   S   5,000 D $ 32.5136 9,569 D  
Common Stock 10/19/2007   M   14,001 A $ 6.44 23,570 D  
Common Stock 10/19/2007   S   14,001 D $ 32.5136 9,569 D  
Common Stock 10/19/2007   M   20,700 A $ 7.37 30,269 D  
Common Stock 10/19/2007   S   20,700 D $ 32.5136 9,569 D  
Common Stock 10/19/2007   M   12,000 A $ 19.6 21,569 D  
Common Stock 10/19/2007   S   12,000 D $ 32.5136 9,569 D  
Common Stock 10/19/2007   M   12,666 A $ 9.03 22,235 D  
Common Stock 10/19/2007   S   12,666 D $ 32.5136 9,569 D  
Common Stock 10/19/2007   M   10,000 A $ 14.55 19,569 D  
Common Stock 10/19/2007   S   10,000 D $ 32.5136 9,569 D  
Common Stock 10/19/2007   M   24,750 A $ 13.92 34,319 D  
Common Stock 10/19/2007   S   24,750 D $ 32.5136 9,569 D  
Common Stock 10/19/2007   M   6,720 A $ 16.43 16,289 D  
Common Stock 10/19/2007   S   6,720 D $ 32.5136 9,569 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 $ 23.82 10/19/2007   M     33,530 10/19/2007 06/13/2011 Common Stock 33,530 $ 32.5136 291,101 D  
Non Qualified Stock Option $ 16.84 10/19/2007   M     20,500 10/19/2007 10/08/2011 Common Stock 20,500 $ 32.5136 270,601 D  
Non Qualified Stock Option $ 19 10/19/2007   M     5,000 10/19/2007 02/22/2012 Common Stock 5,000 $ 32.5136 265,601 D  
Non Qualified Stock Option $ 6.44 10/19/2007   M     14,001 10/19/2007 10/01/2012 Common Stock 14,001 $ 32.5136 251,600 D  
Non Qualified Stock Option $ 7.37 10/19/2007   M     20,700 10/19/2007 03/27/2013 Common Stock 20,700 $ 32.5136 230,900 D  
Non Qualified Stock Option $ 19.6 10/19/2007   M     12,000 10/19/2007 10/23/2013 Common Stock 12,000 $ 32.5136 218,900 D  
Non Qualified Stock Option $ 9.03 10/19/2007   M     12,666 10/19/2007 10/08/2014 Common Stock 12,666 $ 32.5136 206,234 D  
Non Qualified Stock Option $ 14.55 10/19/2007   M     10,000 10/19/2007 02/25/2015 Common Stock 10,000 $ 32.5136 196,234 D  
Non Qualified Stock Option $ 13.92 10/19/2007   M     24,750 10/19/2007 07/18/2015 Common Stock 24,750 $ 32.5136 171,484 D  
Non Qualified Stock Option $ 16.43 10/19/2007   M     6,720 10/19/2007 10/27/2016 Common Stock 6,720 $ 32.5136 164,764 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 R. Chatila   10/23/2007
**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) Acquired through the Employee Stock Purchase Plan (ESPP).
(2) Restricted Stock Units (RSU) granted October 27, 2006.

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