SEC Form 4

FORM 4		UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person* MOSHAYEDI MANOUCH (Last) (First) (Middle) 3001 DAIMLER STREET (Street) SANTA ANA CA 92705-5812 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol SIMPLETECH INC [ STEC ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X Director X 10% Owner X Officer (give title below) Other (specify below) Chief Executive Officer
	3. Date of Earliest Transaction (Month/Day/Year) 12/29/2006
	4. If Amendment, Date of Original Filed (Month/Day/Year)	6. Individual or Joint/Group Filing (Check Applicable Line) Form filed by One Reporting Person X 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. 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
Common Stock								1,457,878	I	By Trust(2)
Common Stock								25,000	D
Common Stock	12/29/2006		S(4)		4,224	D	$12.83	5,710,352	I	By Trust(1)
Common Stock	12/29/2006		S(4)		871	D	$12.84	5,709,481	I	By Trust(1)
Common Stock	12/29/2006		S(4)		2,400	D	$12.85	5,707,081	I	By Trust(1)
Common Stock	12/29/2006		S(4)		400	D	$12.86	5,706,681	I	By Trust(1)
Common Stock	12/29/2006		S(4)		1,016	D	$12.88	5,705,665	I	By Trust(1)
Common Stock	12/29/2006		S(4)		1,100	D	$12.89	5,704,565	I	By Trust(1)
Common Stock	12/29/2006		S(4)		4,100	D	$12.9	5,700,465	I	By Trust(1)
Common Stock	12/29/2006		S(4)		1,000	D	$12.91	5,699,465	I	By Trust(1)

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 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: 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
Incentive Stock Options (Right to Buy Common Stock)	$3.39							(3)	05/21/2008	Common Stock	162,335		162,335	D
Non-Qualified Stock Options (Right to Buy Common Stock)	$3.08							(3)	05/21/2013	Common Stock	87,665		87,665	D
Non-Qualified Stock Options (Right to Buy Common Stock)	$3.84							(3)	02/23/2015	Common Stock	300,000		300,000	D

1. Name and Address of Reporting Person* MOSHAYEDI MANOUCH (Last) (First) (Middle) 3001 DAIMLER STREET (Street) SANTA ANA CA 92705-5812 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer X Director X 10% Owner X Officer (give title below) Other (specify below) Chief Executive Officer

1. Name and Address of Reporting Person* M&S MOSHAYEDI REVOCABLE TRUST DTD 11-16-95 (Last) (First) (Middle) 3001 DAIMLER STREET (Street) SANTA ANA CA 92705-5812 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

Explanation of Responses:

1. These shares are owned directly by the M. and S. Moshayedi Revocable Trust, dated 11/16/95, a ten percent owner of the issuer, and indirectly by Manouch Moshayedi as the trustee of this trust and who may be deemed to be a ten percent owner of the issuer. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.

2. These shares are owned directly by the M. and S. Moshayedi Investment Trust, dated 11/16/95, and Manouch Moshayedi is an indirect beneficiary of the trust. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.

3. These options are fully vested and immediately exercisable.

4. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the M. and S. Moshayedi Revocable Trust, dated 11/16/95, on May 18, 2006, as amended on August 22, 2006.

Remarks:

(Form 4 #2 of 2) - This is the second of two Form 4s filed by the reporting person in connection with transactions effected on December 28-29, 2006.

	/s/ Mike Higa, Attorney-in-Fact for Manouch Moshayedi	12/29/2006
	/s/ Mike Higa, Attorney-in-Fact for Manouch Moshayedi as Trustee	12/29/2006
	** Signature of Reporting Person	Date
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* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
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