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 *
SOONG RAYMOND
  2. Issuer Name and Ticker or Trading Symbol
DIODES INC /DEL/ [DIOD]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
15660 DALLAS PARKWAY, SUITE 850
3. Date of Earliest Transaction (Month/Day/Year)
02/25/2011
(Street)

DALLAS, TX 75248
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
Diodes Incorporated Common Stock 02/25/2011   M(1)   33,610 A $ 2.4652 177,860 D  
Diodes Incorporated Common Stock 02/25/2011   S(5)(6)   33,610 D $ 29.5662 144,250 D  
Diodes Incorporated Common Stock 02/28/2011   M(7)   60,295 A $ 2.4652 204,545 D  
Diodes Incorporated Common Stock 02/28/2011   S(11)   295 D $ 29.65 204,250 D  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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
7/30/01 DIOD NQSO $ 2.4652 02/25/2011   M(2)     33,610 07/30/2002(4) 07/30/2011 Diodes Incorporated Common Stock 33,610 $ 0 (3) 60,295 D  
7/30/01 DIOD NQSO $ 2.4652 02/28/2011   M(8)     60,295 07/30/2002(10) 07/30/2011 Diodes Incorporated Common Stock 60,295 $ 0 (9) 0 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
SOONG RAYMOND
15660 DALLAS PARKWAY
SUITE 850
DALLAS, TX 75248
       

Signatures

 Richard D. White as power of attorney for Raymond Soong   03/01/2011
**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) Exercise pursuant to a previously established 10b5-1 Plan.
(2) Exercise pursuant to a previously established 10b5-1 Plan.
(3) Granted under Rule 16b-3 Plan.
(4) Non-qualified Stock Options exercisable in three equal annual installments beginning 07/30/2002.
(5) Sale pursuant to a previously established 10b5-1 Plan.
(6) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.5000 to $29.7157, inclusive. The reporting person undertakes to provide to Diodes Incorporated, any security holder of Diodes Incorporated, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (6) to this Form 4.
(7) Exercise pursuant to a previously established 10b5-1 Plan.
(8) Exercise pursuant to a previously established 10b5-1 Plan.
(9) Granted under Rule 16b-3 Plan.
(10) Non-qualified Stock Options exercisable in three equal annual installments beginning 07/30/2002.
(11) Sale pursuant to a previousy established 10b5-1 Plan.

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