UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 4 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5
obligations may continue.
1. Name and Address of Reporting Person(s)
Actel Corporation
955 East Arques Avenue
Sunnyvale, CA 94086-4533
2. Issuer Name and Ticker or Trading Symbol
GATEFIELD CORPORATION (OTCBB: GATE)
3. I.R.S. Identification Number of Reporting Person, if an entity (Voluntary)
77-0097724
4. Statement for Month/Year
05/00
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
[ ] Director [X] 10% Owner
[ ] Officer (give title below) [ ] Other (specify below)
7. Individual or Joint/Group Filing (Check Applicable Line)
[X] Form filed by One Reporting Person
[ ] Form filed by More than One Reporting Person
<TABLE>
<CAPTION>
Table I Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1)Title of Security 2)Trans- 3.Trans- 4.Securities Acquired(A) 5)Amount of 6) 7)Nature of
action action or Disposed of (D) Securities Indirect
Date Code A Beneficially D Beneficial
(Month/ or Owned at or Ownership
Day/Year) Code V Amount D Price End of Month I
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<S> <C> <C> <C> <C><C> <C> <C><C>
Common Stock 05/24/00 C 1,230,769 A $6.5000
Common Stock 05/24/00 C 200,000 A $15.0000 1,622,298 D Direct
<CAPTION>
Table II (PART 1) Derivative Securities Acquired, Disposed of, or Beneficially Owned (Columns 1 through 6)
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1)Title of Derivative 2)Conversion 3)Trans- 4)Trans- 5)Number of Derivative 6)Date Exercisable and
Security or Exercise action action Securities Acquired (A) Expiration Date
Price of Date Code or Disposed of (D)
Derivative
Security Code V A D Exercisable Expiration
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<S> <C> <C> <C> <C> <C> <C> <C>
Convertible Note $6.5000 05/24/00 C $8,000,000 D Immed. 05/25/04
Convertible Preferred Stock $15.0000 05/24/00 C 300,000 D Immed.
Convertible Note $5.2500 05/31/00 P $1,000,000 A Immed. 05/31/05
<CAPTION>
Table II (PART 2) Derivative Securities Acquired, Disposed of, or Beneficially Owned (Columns 1,3 and 7 through 11)
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1)Title of Derivative 3)Trans- 7)Title and Amount of Underlying Secuti- 8)Price 9)Number of 10) 11)Nature of
Security action ties of Deri- Derivative Indirect
Date vative Securities D Beneficial
Amount or Security Beneficially or Ownership
Number of Owned at I
Title Shares End of Month
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<S> <C> <C> <C> <C> <C> <C> <C>
Convertible Note 05/24/00 Common Stock 1,230,769 0 D
Convertible Preferred Stock 05/24/00 Common Stock 200,000 0 D
Convertible Note 05/31/00 Common Stock 190,476 1 D
<FN>
Explanation of Responses:
</FN>
</TABLE>
SIGNATURE OF REPORTING PERSON
ACTEL CORPORATION
By: /S/ David L. Van De Hey
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DATE: June 10, 2000
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