DATA I/O CORP
10-C, 1996-01-02
INSTRUMENTS FOR MEAS & TESTING OF ELECTRICITY & ELEC SIGNALS
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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON D.C. 20549

                                    FORM 10-C
                 REPORT BY ISSUER OF SECURITIES QUOTED ON NASDAQ
                          INTERDEALER QUOTATION SYSTEM

     Filed pursuant to Section 13 or 15(d) of the Securities Exchange Act of
                    1934 and Rule 13a-17 or 15d-17 thereunder

                              Data I/O Corporation
- --------------------------------------------------------------------------------
                 (Exact name of issuer as specified in charter)

             10525 Willows Road N.E., Redmond, Washington 98073-9746
- --------------------------------------------------------------------------------
                    (Address of principal executive offices)

Issuer's telephone number, including area code: (206) 881-6444
                                                --------------------------------

                    I. CHANGE IN NUMBER OF SHARES OUTSTANDING

Indicate any change (increase or decrease) of 5% or more in the number of shares
outstanding:

1. Title of Security     Common Stock, $0.01 par value
                    ------------------------------------------------------------
2. Number of shares outstanding before the change      7,630,600
                                                 -------------------------------
3. Number of shares outstanding after the change       7,093,454
                                                 -------------------------------
4. Effective date of change   December 21, 1995
                           -----------------------------------------------------
5. Method of change:  Repurchase of shares pursuant to 10b-18 repurchase program
                      ----------------------------------------------------------


   Give brief description of transaction: Data I/O Corporation has acquired
549,900 shares of its common stock under a 10b-18 share repurchase program.  The
initial repurchases took place on November 20, 1995 and the cumulative
repurchases resulted in a decrease of 5% or more through December 21, 1995.
Offsetting a portion of the decrease from share repurchases were employee stock
option exercises of 12,754 shares since the number of shares of Data I/O
Corporation common stock outstanding was last reported as 7,630,600 in the
Company's Quarterly Report on Form 10-Q for its quarter ended September 28,
1995.



Date December 22, 1995                       //s// Steve Gordon
     -------------------------               -----------------------------------
                                             Steve Gordon
                                             Vice President, Finance &
                                             Administration
                                             Chief Financial Officer
                                             Chief Accounting Officer
                                             Secretary and Treasurer



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