Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF 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 *
  Kalivas Paul
2. Date of Event Requiring Statement (Month/Day/Year)
02/03/2012
3. Issuer Name and Ticker or Trading Symbol
Fabrinet [FN]
(Last)
(First)
(Middle)
C/O FABRINET USA, INC., 4104 24TH STREET #345
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Secretary & General Counsel
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

SAN FRANCISCO, CA 94114
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 Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Ordinary Shares 10,623 (1)
D
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (right to buy) 02/14/2009(2) 02/13/2015 Ordinary Shares 3,125 $ 5 D  
Stock Option (right to buy) 11/13/2010(3) 10/13/2017 Ordinary Shares 13,229 $ 16.83 D  
Stock Option (right to buy) 09/18/2011(3) 08/17/2018 Ordinary Shares 3,902 $ 15.16 D  
Stock Option (right to buy) 12/10/2011(3) 11/09/2018 Ordinary Shares 21,638 $ 14.12 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Kalivas Paul
C/O FABRINET USA, INC.
4104 24TH STREET #345
SAN FRANCISCO, CA 94114
      Secretary & General Counsel  

Signatures

/s/ Paul Kalivas 02/10/2012
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(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) Each share is represented by a Restricted Stock Unit ("RSU"). The RSUs will vest in equal annual installments over a period of four years on the anniversary date of the RSU grant, provided that the Reporting Person is a service provider on each such vesting date. The RSUs will become fully vested on November 3, 2015.
(2) 25% of the shares subject to the option vested and became exercisable on February 14, 2009, and the remaining shares have vested and will vest monthly thereafter, such that 100% of the shares subject to the option will be fully vested and exercisable on February 14, 2012.
(3) The shares subject to this option vest in equal installments of 1/48 per month until fully vested and exercisable.

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