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)
HAMDY ESMAT Z.
955 E. ARQUES AVE.
SUNNYVALE, CA 94086
2. Issuer Name and Ticker or Trading Symbol
ACTEL CORPORATION (ACTL)
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Statement for Month/Year
May 1997
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
[ ] Director [ ] 10% Owner
[X] Officer (give title below) [ ] Other (specify below)
VICE PRESIDENT OF TECHNOLOGY
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
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C><C> <C> <C><C>
Common Stock 05/19/97 M 500 A $8.0000 D
Common Stock 05/19/97 S 500 D $18.1250 D
Common Stock 05/19/97 M 2,000 A $7.6300 D
Common Stock 05/19/97 S 2,000 D $18.1250 D
Common Stock 05/19/97 M 2,500 A $8.0000 D
Common Stock 05/19/97 S 2,500 D $18.1250 37,305 D
Common Stock 1,750 I by Son (1)
<CAPTION>
Table II (PART 1) Derivative Securitites 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
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
Incentive Stock Option (right $4.0000 10/09/97(2) 10/23/02
to buy)
Incentive Stock Option (right $8.0000 05/07/98(2) 05/21/03
to buy)
Incentive Stock Option (right $8.0000 05/19/97 M 500 (3) 03/31/94 06/30/03
to buy)
Incentive Stock Option (right $8.0000 05/19/97 M 2,500 (3) 03/31/94 06/30/03
to buy)
Incentive Stock Option (right $7.6300 05/19/97 M 2,000 (4) 03/31/95 07/26/04
to buy)
Non-Qualified Stock Option $7.6300 03/31/97(5) 07/26/04
(right to buy)
Incentive Stock Option (right $9.1250 09/23/04(2) 10/07/04
to buy)
Non-Qualified Stock Option $9.2600 (6) 10/06/05
(right to buy)
Incentive Stock Option (right $10.6250 07/05/96(7) 01/05/06
to buy)
Non-Qualified Stock Option $10.6250 07/05/96(8) 01/05/06
(right to buy)
Incentive Stock Option (right $14.8750 08/01/00(9) 07/17/06
to buy)
Non-Qualified Stock Option $14.8750 08/01/00(9) 07/17/06
(right to buy)
<CAPTION>
Table II (PART 2) Derivative Securitites Acquired, Disposed of, or Beneficially Owned (Columns 1,3 and 7 through 11)
- ------------------------------------------------------------------------------------------------------------------------------------
1)Title of Derivative 3)Trans- 7)Title and Amount 8)Price 9)Number of 10) 11)Nature of
Security action of Underlying of Deri- Derivative Indirect
Date Securities vative Securities D Beneficial
Amount or Security Beneficially or Ownership
Number of Owned at I
- Title Shares End of Month
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
Incentive Stock Option (right Common Stock 200 200 D
to buy)
Incentive Stock Option (right Common Stock 100 100 D
to buy)
Incentive Stock Option (right 05/19/97 Common Stock 500 D
to buy)
Incentive Stock Option (right 05/19/97 Common Stock 2,500 8,813 D
to buy)
Incentive Stock Option (right 05/19/97 Common Stock 2,000 15,823 D
to buy)
Non-Qualified Stock Option Common Stock 2,227 2,227 D
(right to buy)
Incentive Stock Option (right Common Stock 200 200 D
to buy)
Non-Qualified Stock Option Common Stock 21,016 21,016 D
(right to buy)
Incentive Stock Option (right Common Stock 11,009 11,009 D
to buy)
Non-Qualified Stock Option Common Stock 10,741 10,741 D
(right to buy)
Incentive Stock Option (right Common Stock 6,722 6,722 D
to buy)
Non-Qualified Stock Option Common Stock 21,141 21,141 D
(right to buy)
<FN>
Explanation of Responses:
(1)
Held as Custodian under UGMA.
(2)
Option becomes exercisable on date patent is issued by the U.S. Patent and Trademark Office or two weeks prior to five years from
date of grant.
(3)
Option begins vesting as to 11,875 shares on 1/1/94 and is exercisable quarterly as to 3,250 shares in 1994, 3,375 shares in 1995,
3,750 shares in 1996, and 1,500 shares in 1997. The remaining 7,500 shares vest 100% on 8/1/97.
(4)
Option begins vesting as to 11,814 shares on 1/1/95 and is exercisable quarterly as to 4,000 shares in 1995, 4,250 shares in 1996,
and 3,564 shares in 1997. The remaining 13,009 shares vest 100% on 8/1/98.
(5)
Option begins vesting as to 236 shares on 1/1/97 and is exercisable as to 59 shares each quarter. The remaining 1,991 shares vest
100% on 8/1/98.
(6)
Vests and is exercisable 100% six months following a "change of control" of the company.
</FN>
</TABLE>
SIGNATURE OF REPORTING PERSON
/S/ ESMAT Z. HAMDY
DATE: JUNE 10, 1997