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 *
LU KEH SHEW
  2. Issuer Name and Ticker or Trading Symbol
DIODES INC /DEL/ [DIOD]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
President & CEO
(Last)
(First)
(Middle)
4949 HEDGCOXE ROAD, SUITE 200
3. Date of Earliest Transaction (Month/Day/Year)
03/16/2015
(Street)

PLANO, TX 75024
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 Incorporated Common Stock 03/16/2015   M(1)   30,000 A $ 11.5333 852,692 D  
Diodes Incorporated Common Stock 03/16/2015   S(2)   26,000 D $ 29.75 826,692 D  
Diodes Incorporated Common Stock 03/17/2015   M(1)   13,125 A $ 11.5333 839,817 D  
Diodes Incorporated Common Stock 03/17/2015   S(2)   9,784 D $ 29.75 830,033 D  
Diodes Incorporated Common Stock               33,550 (3) I Custodial
Diodes Incorporated Common Stock               103,000 I Revocable Trust
Diodes Incorporated Common Stock               476,783 I Lu Grandchildren's Trust

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 V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
4/14/05 DIOD NQSO $ 11.5333 03/16/2015   M(1)     30,000 04/14/2006(4) 04/14/2015 Diodes Incorporated Common Stock - Diodes 30,000 $ 0 88,125 D  
4/14/05 DIOD NQSO $ 11.5333 03/17/2015   M(1)     13,125 04/14/2006(4) 04/14/2015 Diodes Incorporated Common Stock - Diodes 13,125 $ 0 75,000 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
LU KEH SHEW
4949 HEDGCOXE ROAD
SUITE 200
PLANO, TX 75024
  X     President & CEO  

Signatures

 Richard D. White as Power of Attorney for Keh-Shew Lu   03/18/2015
**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 previously filed 10b5-1 Plan.
(2) Sale pursuant to previously filed 10b5-1 Plan.
(3) These shares are held in accounts for the reporting persons minor grandchildren and the reporting person is the custodian of those accounts. The reporting person disclaims ownership of the shares held in those custodial accounts, and this report is not an admission that the reporting person is the beneficial owner of these shares for purposes of Section 16 or for any other purposes.
(4) Non-qualified stock options exercisable in three equal annual installments beginning 04/14/2006.

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