Edgar Filing: LEE FRANCIS F

Ownership Submission

FORM 4

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN 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 ^*

LEE FRANCIS F

2. Issuer Name and Ticker or Trading Symbol
SYNAPTICS INC [SYNA]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

__X__ Director	_____ 10% Owner
__X__ Officer (give title below)	_____ Other (specify below)
President and CEO

(Last)

(First)

(Middle)

3120 SCOTT BLVD., STE. 130

3. Date of Earliest Transaction (Month/Day/Year)
10/20/2006

(Street)

SANTA CLARA, CA 95054

4. If Amendment, Date Original Filed(Month/Day/Year)

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 Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	10/20/2006		M		10,000	A	$ 1	19,818 ⁽¹⁾	D
Common Stock	10/20/2006		M		125,000	A	$ 9	144,818 ⁽¹⁾	D
Common Stock	10/20/2006		M		30,000	A	$ 16.4	174,818 ⁽¹⁾	D
Common Stock	10/20/2006		S⁽²⁾		25,000	D	$ 25.99	149,818 ⁽¹⁾	D
Common Stock	10/20/2006		S⁽²⁾		25,000	D	$ 25.9968	124,818 ⁽¹⁾	D
Common Stock	10/20/2006		S⁽²⁾		35,000	D	$ 26.9963	89,818 ⁽¹⁾	D
Common Stock	10/20/2006		S⁽²⁾		10,000	D	$ 27.075	79,818 ⁽¹⁾	D
Common Stock	10/20/2006		S⁽²⁾		10,000	D	$ 27.1208	69,818 ⁽¹⁾	D
Common Stock	10/20/2006		S⁽²⁾		45,000	D	$ 27.99	24,818 ⁽¹⁾	D
Common Stock	10/20/2006		S⁽²⁾		10,000	D	$ 28.05	14,818 ⁽¹⁾	D
Common Stock	10/20/2006		S⁽²⁾		5,000	D	$ 28.15	9,818 ⁽¹⁾	D
Common Stock								29,502	I	By Trust ⁽³⁾
Common Stock								8,000	I	As Custodian ⁽⁴⁾
Common Stock								88,749	I	By Trust ⁽⁵⁾
Common Stock								88,749	I	By Trust ⁽⁶⁾
Common Stock								4,000 ⁽⁷⁾	I	By Daughter

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security
(Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code
(Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date
(Month/Day/Year)

7. Title and Amount of Underlying Securities
(Instr. 3 and 4)

8. Price of Derivative Security
(Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)

11. Nature of Indirect Beneficial Ownership
(Instr. 4)

Code

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Director Stock Option (Right to Buy)

$ 1

10/20/2006

10,000

⁽⁸⁾

12/22/2008

Common Stock

10,000

$ 0

155,000

Director Stock Option (Right to Buy)

$ 9

10/20/2006

125,000

⁽⁹⁾

01/07/2002

Common Stock

125,000

$ 0

15,000

Director Stock Option (Right to Buy)

$ 16.4

10/20/2006

30,000

⁽¹⁰⁾

01/21/2014

Common Stock

30,000

$ 0

90,000

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
LEE FRANCIS F 3120 SCOTT BLVD., STE. 130 SANTA CLARA, CA 95054	X		President and CEO

Signatures

Francis F. Lee		10/23/2006
^**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(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)	Includes 585 shares acquired under the issuer's employee stock purchase plan in June 2006.
(2)	The shares were sold pursuant to a 10b5-1 Sales Plan dated May 23, 2006.
(3)	Includes a total of 3,368 shares previously held indirectly by Francis F. Lee, Trustee of the Francis Lee 2002 Irrevocable Trust, and Evelyn C. Lee, Trustee of the Evelyn Lee 2002 Irrevocable Trust. The shares are held by Francis F. Lee and Evelyn C. Lee as Co-Trustees of the Lee 1999 Living Trust dated March 16, 1999.
(4)	The shares are held by the reporting person as custodian for his children.
(5)	The shares are held by Francis F. Lee, Trustee of the Francis Lee 2002 Irrevocable Trust.
(6)	The shares are held by Evelyn C. Lee, the reporting person's spouse, Trustee of the Evelyn Lee 2002 Irrevocable Trust.
(7)	The reporting person disclaims beneficial ownership of the securities held indirectly by his daughter, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
(8)	25% of the total number of shares subject to the option vested and became exercisable on the twelve month anniversary of the 12/22/98 vesting commencement date, and 1/48th of the total number of shares subject to the option vested and became exercisable each month thereafter.
(9)	16,667 of the shares subject to the option vested and became exercisable on February 18, 2005, and 1/12th of the total number of shares subject to the option vested and became exercisable on the 18th day of each month thereafter.
(10)	25% of the total number of shares subject to the option vested and became exercisable on the twelve month anniversary of the January 21, 2004 vesting commencement date, and 1/48th of the total number of shares subject to the option vested or shall vest and became or shall become exercisable on the 21st day of each month thereafter.

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