UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
[X] 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)
GOODYEAR DOUGLAS D.
955 East Arques Avenue
Sunnyvale, CA 94086-4533
2. Issuer Name and Ticker or Trading Symbol
ACTEL CORPORATION (ACTL)
3. I.R.S. Identification Number of Reporting Person, if an entity (Voluntary)
4. Statement for Month/Year
11/98
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
[ ] Director [ ] 10% Owner
[ ] Officer (give title below) [X] Other (specify below)
FORMER OFFICER
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 11/20/98 M 2,812 A $11.7500 D Direct
Common Stock 11/20/98 S 2,812 D $16.7777 D Direct
Common Stock 11/20/98 M 2,812 A $16.3750 D Direct
Common Stock 11/20/98 S 2,812 D $16.7777 D Direct
Common Stock 11/20/98 M 937 A $14.8750 D Direct
Common Stock 11/20/98 S 937 D $16.7777 D Direct
Common Stock 11/20/98 M 26,504 A $13.5625 D Direct
Common Stock 11/20/98 S 26,504 D $16.7777 D Direct
Common Stock 11/20/98 M 14,746 A $13.5625 D Direct
Common Stock 11/20/98 S 14,746 D $16.7777 150 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
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
Incentive Stock Option (right $13.5625 11/20/98 M 14,746 02/01/97 (1) 02/02/06
to buy)
Non-Qualified Stock Option $11.7500 11/20/98 M 2,812 (2) 01/26/08
(right to buy)
Non-Qualified Stock Option $13.5625 11/20/98 M 26,504 02/01/97 (3) 02/02/06
(right to buy)
Non-Qualified Stock Option $14.8750 11/20/98 M 937 03/31/98 (4) 07/17/06
(right to buy)
Non-Qualified Stock Option $16.3750 11/20/98 M 2,812 03/31/98 (5) 07/03/07
(right to buy)
<CAPTION>
Table II (PART 2) Derivative Securities 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 11/20/98 Common Stock 14,746 $16.7777 11,123 D Direct
to buy)
Non-Qualified Stock Option 11/20/98 Common Stock 2,812 $17.3750 11,249 D Direct
(right to buy)
Non-Qualified Stock Option 11/20/98 Common Stock 26,504 $16.7777 7,627 D Direct
(right to buy)
Non-Qualified Stock Option 11/20/98 Common Stock 937 $16.7777 10,760 D Direct
(right to buy)
Non-Qualified Stock Option 11/20/98 Common Stock 2,812 $16.7777 22,332 D Direct
(right to buy)
<FN>
Explanation of Responses:
(1)
Option vests and is exercisable as to 7,373 shares on 2/1/97, and 1,843 shares on each quarterly anniversary date in 1998 and 1999.
The remaining 3,750 shares vest on 2/1/2000.
(2)
Options begins vesting 1/26/98 and is exercisable quarterly as to 937 shares for two quarters and 938 shares for 2 quarters of each
year through 7/26/01, with the last 937 shares exercisable on 10/26/2001.
(3)
Option vests and is exercisable as to 7,627 shares on 2/1/97, and 3,750 shares on each subsequent quarterly anniversary date in
1997. The remaining 15,254 shares vest quarterly on each quarterly anniversary date in 1998 and 1999.
(4)
Option begins vesting 1/1/98 and is exercisable quarterly in 1998, 1999, and 2000.
(5)
Option begins vesting 1/1/98 and is exercisable quarterly in 1998, 1999, and 2000.
</FN>
</TABLE>
SIGNATURE OF REPORTING PERSON
/S/ GOODYEAR DOUGLAS D.
DATE
