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 *
STICH JOHN M
  2. Issuer Name and Ticker or Trading Symbol
DIODES INC /DEL/ [DIOD]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
15660 DALLAS PARKWAY, SUITE 850
3. Date of Earliest Transaction (Month/Day/Year)
03/23/2010
(Street)

DALLAS, TX 75248
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)
Code V Amount (A) or (D) Price
Diodes Inc. Common Stock 03/23/2010   M(1)   10,000 A $ 5.7955 41,375 D  
Diodes Inc. Common Stock 03/23/2010   S(3)   3,296 D $ 22.88 38,079 D  
Diodes Inc. Common Stock 03/23/2010   S   300 D $ 22.885 37,779 D  
Diodes Inc. Common Stock 03/23/2010   S   1,200 D $ 22.89 36,579 D  
Diodes Inc. Common Stock 03/23/2010   S   1,300 D $ 22.8969 35,279 D  
Diodes Inc. Common Stock 03/23/2010   S   1,104 D $ 22.8999 34,175 D  
Diodes Inc. Common Stock 03/23/2010   S   600 D $ 22.9 33,575 D  
Diodes Inc. Common Stock 03/23/2010   S   200 D $ 22.905 33,375 D  
Diodes Inc. Common Stock 03/23/2010   S   1,500 D $ 22.91 31,875 D  
Diodes Inc. Common Stock 03/23/2010   S   400 D $ 22.92 31,475 D  
Diodes Inc. Common Stock 03/23/2010   S   100 D $ 22.93 31,375 D  

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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 V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
8/1/03 DIOD NQSO $ 5.7955 03/23/2010   M(2)     10,000 08/01/2004 08/01/2013 Diodes Inc. Common Stock 10,000 $ 0 0 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
STICH JOHN M
15660 DALLAS PARKWAY
SUITE 850
DALLAS, TX 75248
       

Signatures

 Richard D. White as Power of Attorney for John Stich   03/24/2010
**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) Exercise pursuant to a previously established 10b5-1 Plan.
(2) Exercise pursuant to a previously established 10b5-1 Plan.
(3) All sale transactions are pursuant to a previously established 10b5-1 Plan.

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