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
                                                                                  
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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 *

Bertelsen Jeffrey A. 		2. Issuer Name and Ticker or Trading Symbol

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

_____ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
CFO and COO
(Last)          (First)          (Middle)

5900 GOLDEN HILLS DRIVE 		3. Date of Earliest Transaction (MM/DD/YYYY)

11/22/2017
(Street)

GOLDEN VALLEY, MN 55416
(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   11/22/2017     M    10000   A $8.71   78240   (1) D    
Common Stock   11/22/2017     F    6813   D $16.75   71427   (1) D    

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   $8.71   11/22/2017     M         10000    12/10/2011   (2) 12/10/2017   Common Stock   10000   $0   0   D    
Employee Stock Option   $7.3                    1/6/2013   (2) 1/6/2019   Common Stock   23333     23333   D    
Employee Stock Option   $7.48                    12/14/2013   (2) 12/14/2019   Common Stock   16667     16667   D    
Employee Stock Option   $5.39                    12/6/2014   (3) 12/6/2020   Common Stock   16750     16750   D    
Employee Stock Option   $7.7                    2/21/2015   (3) 2/21/2021   Common Stock   10000     10000   D    
Employee Stock Option   $9.62                    12/5/2015   (3) 12/5/2021   Common Stock   18500     18500   D    
Employee Stock Option   $7.18                    12/11/2016   (3) 12/11/2022   Common Stock   26000     26000   D    
Employee Stock Option   $26.4                    12/9/2017   (3) 12/9/2023   Common Stock   5500     5500   D    

Explanation of Responses:
(1)  Includes (a) 687 restricted stock units that vest on December 6, 2017; (b) 1,600 restricted stock units that vest in increments of 800 shares on each of December 5, 2017 and 2018; (c) 3,375 restricted stock units that vest in increments of 1,125 shares on each of December 11, 2017, 2018 and 2019; and (d) 1,500 restricted stock units that vest in increments of 375 shares on each of December 9, 2017, 2018, 2019 and 2020.
(2)  Fully exercisable.
(3)  Exercisable with respect to 25% of such shares on such date and with respect to an additional cumulative 25% of such shares on the next three anniversaries of such date.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Bertelsen Jeffrey A.
5900 GOLDEN HILLS DRIVE
GOLDEN VALLEY, MN 55416

CFO and COO

Signatures
Jeffrey A. Bertelsen 11/22/2017
** 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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