FORM 4
[ X ] 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
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

WU TSUNG CHING
2. Issuer Name and Ticker or Trading Symbol

ATMEL CORP [ ATML ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
EVP Office of the President
(Last)          (First)          (Middle)

1600 TECHNOLOGY DRIVE
3. Date of Earliest Transaction (MM/DD/YYYY)

3/31/2016
(Street)

SAN JOSE, CA 95110
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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
Common Stock   3/30/2016     G   V 2512016   D $8.09   4132886   I   By Trust with Wife  
Common Stock   3/31/2016     M    100000   A $4.20   2170478   (1) D    
Common Stock   3/31/2016     M    157557   A $4.43   2328035   D    
Common Stock   3/31/2016     M    257537   A $4.74   2585572   D    
Common Stock   3/31/2016     M    65105   A $5.73   2650677   D    
Common Stock   3/31/2016     F    430494   D $8.12   2220183   (2) D    
Common Stock   4/1/2016     F    16564   D $8.12   2203619   (3) D    
Common Stock   4/4/2016     D    2203619   D   (4) 0   D    
Common Stock   4/4/2016     D    128585   D   (5) 0   I   By Trust for Son  
Common Stock   4/4/2016     D    128585   D   (5) 0   I   By Trust for Daughter  
Common Stock   4/4/2016     D    4132886   D   (5) 0   I   By Trust with Wife  

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 7. Title and Amount of Securities Underlying Derivative Security
(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
Employee Stock Option (right to buy)   $4.20   3/31/2016     M         100000      (6) 8/15/2018   Common Stock   100000   $0.00   0   D    
Employee Stock Option (right to buy)   $4.43   3/31/2016     M         157557      (6) 9/15/2019   Common Stock   157557   $0.00   0   D    
Employee Stock Option (right to buy)   $4.74   3/31/2016     M         257537      (6) 8/15/2017   Common Stock   257537   $0.00   0   D    
Employee Stock Option (right to buy)   $5.73   3/31/2016     M         65105      (6) 9/6/2016   Common Stock   65105   $0.00   0   D    

Explanation of Responses:
( 1)  Includes 1,244 shares acquired under the Issuer's Employee Stock Purchase Plan on April 1, 2016.
( 2)  Reflects a non-market disposition undertaken to pay exercise price and taxes for the Reporting Person in connection with the exercise of employee stock options. No shares were actually sold by the Reporting Person.
( 3)  Reflects a non-market disposition undertaken to pay taxes for the Reporting Person in connection with the vesting of restricted stock units. No shares were actually sold by the Reporting Person.
( 4)  Disposed of pursuant to merger agreement among Microchip Technology Corporation, Hero Acquisition Corporation and Atmel Corporation as follows: (a) 1,975,102 shares of common stock were disposed in exchange for, and converted into the right to receive, per share (i) $7.00 in cash and (ii) a fraction of a share of Microchip common stock having a market value of $1.15, calculated in accordance with the merger agreement and (b) 228,517 shares constituting Issuer time-based restricted stock units which were assumed by Microchip and were converted into the right to receive, upon vesting in accordance with time-based vesting schedules subject to earlier acceleration in accordance with the Issuer's change of control plans, such number of shares of Microchip common stock equal to (i) 228,517 multiplied by (ii) $8.15 divided by the market value of a share of Microchip common stock, calculated in accordance with the merger agreement.
( 5)  Pursuant to merger agreement among Microchip Technology Corporation, Hero Acquisition Corporation and Atmel Corporation shares were disposed in exchange for, and converted into the right to receive, per share (i) $7.00 in cash and (ii) a fraction of a share of Microchip common stock having a market value of $1.15, calculated in accordance with the merger agreement.
( 6)  The option was fully vested and exercisable.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
WU TSUNG CHING
1600 TECHNOLOGY DRIVE
SAN JOSE, CA 95110
X
EVP Office of the President

Signatures
/s/ Steven Ruskin, attorney-in-fact for Tsung-Ching Wu 4/4/2016
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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