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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 Nekf0C0eB/ewowSCSJzHbmuuvWg2R8yIbE9cXawW3mOXe7d2CFeFyMmdToEP68j7
 xlFHfjdeK37l3b2nr5Lw5w==

<SEC-DOCUMENT>0001181431-03-019860.txt : 20030821
<SEC-HEADER>0001181431-03-019860.hdr.sgml : 20030821
<ACCEPTANCE-DATETIME>20030821172711
ACCESSION NUMBER:		0001181431-03-019860
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20030512
FILED AS OF DATE:		20030821

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			ZELNIK MOSHE
		CENTRAL INDEX KEY:			0001212964

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-23006
		FILM NUMBER:		03860848

	BUSINESS ADDRESS:	
		STREET 1:		3120 SCOTT BLVD.
		CITY:			SANTA CLARA
		STATE:			CA
		ZIP:			95054

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			DSP GROUP INC /DE/
		CENTRAL INDEX KEY:			0000915778
		STANDARD INDUSTRIAL CLASSIFICATION:	RADIO & TV BROADCASTING & COMMUNICATIONS EQUIPMENT [3663]
		IRS NUMBER:				942683643
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		3120 SCOTT BLVD
		CITY:			SANTA CLARA
		STATE:			CA
		ZIP:			95054
		BUSINESS PHONE:		4089864300
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
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    <issuer>
        <issuerCik>0000915778</issuerCik>
        <issuerName>DSP GROUP INC /DE/</issuerName>
        <issuerTradingSymbol>DSPG</issuerTradingSymbol></issuer><reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001212964</rptOwnerCik>
            <rptOwnerName>ZELNIK MOSHE</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O DSP GROUP, INC.</rptOwnerStreet1>
            <rptOwnerStreet2>3120 SCOTT BOULEVARD</rptOwnerStreet2>
            <rptOwnerCity>SANTA CLARA</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>95054</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
            <reportingOwnerRelationship>
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Date><footnoteId id="F5"/></exerciseDate><expirationDate><value>2009-02-04</value></expirationDate><underlyingSecurity><underlyingSecurityTitle><value>Common Stock</value></underlyingSecurityTitle><underlyingSecurityShares><value>4640</value></underlyingSecurityShares></underlyingSecurity><postTransactionAmounts><sharesOwnedFollowingTransaction><value>4640</value></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>D</value></directOrIndirectOwnership></ownershipNature></derivativeTransaction><derivativeTransaction><securityTitle><value>Stock Option (Right to Buy)Stock Option (Right to Buy)</value></securityTitle><conversionOrExercisePrice><value>16.79</value></conversionOrExercisePrice><transactionDate><value>2003-05-12</value></transactionDate><transactionCoding><transactionFormType>4</transactionFormType><transactionCode>D</transactionCode><equitySwapInvolved>0</equitySwapInvolved></transactionCoding><transactionAmounts><transactionShares><value>500
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ansactionCoding><transactionFormType>4</transactionFormType><transactionCode>A</transactionCode><equitySwapInvolved>0</equitySwapInvolved></transactionCoding><transactionAmounts><transactionShares><value>50000</value></transactionShares><transactionPricePerShare><value>0.00</value></transactionPricePerShare><transactionAcquiredDisposedCode><value>A</value></transactionAcquiredDisposedCode></transactionAmounts><exerciseDate><footnoteId id="F6"/></exerciseDate><expirationDate><value>2010-01-22</value></expirationDate><underlyingSecurity><underlyingSecurityTitle><value>Common Stock</value></underlyingSecurityTitle><underlyingSecurityShares><value>50000</value></underlyingSecurityShares></underlyingSecurity><postTransactionAmounts><sharesOwnedFollowingTransaction><value>50000</value></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>D</value></directOrIndirectOwnership></ownershipNature></derivativeTransaction></derivativeTable><footnotes><footnote id="F
1">Number of shares subject to option being canceled represents shares that were unvested under the original option.</footnote><footnote id="F2">The option was canceled by mutual agreement of the reporting person and the Issuer.  The reporting person received a new option as consideration for the cancellation.</footnote><footnote id="F3">The shares subject to the option vest on the same schedule as the original option which has been cancelled.  Pursuant to said vesting schedule the option will vest in 3 equal quarterly installments through November 25, 2003.</footnote><footnote id="F4">The shares subject to the option vest on the same schedule as the original option which has been cancelled.  Pursuant to said vesting schedule the option will vest in 4 equal quarterly installments through April 17, 2004.</footnote><footnote id="F5">The shares subject to the option vest on the same schedule as the original option which has been cancelled.  Pursuant to said vesting schedule the option will vest in 11 equal quar
terly installments through February 4, 2006.</footnote><footnote id="F6">The shares subject to the option vest on the same schedule as the original option which has been cancelled.  Pursuant to said vesting schedule one quarter of the shares subject to the option will vest on January 22, 2004 and the remaining shares will vest in 12 equal quarterly installments through January 22, 2007.</footnote></footnotes><ownerSignature><signatureName>Moshe Zelnik</signatureName><signatureDate>2003-08-21</signatureDate></ownerSignature></ownershipDocument>



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