FORM 4UNITED 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, 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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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*
MADHAVAN RAJEEV

(Last)(First)(Middle)
1650 TECHNOLOGY DRIVE

(Street)
SAN JOSECA95110

(City)(State)(Zip)
2. Issuer Name and Ticker or Trading Symbol
MAGMA DESIGN AUTOMATION INC [LAVA]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chairman & CEO
3. Date of Earliest Transaction (Month/Day/Year)
10/03/2008
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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. 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)
CodeVAmount(A) or (D)Price
Common Stock 02/01/2008 P  183,232 A$ 3.3963 (4) 317,338 I By Trust (1)
Common Stock         569,110 D  
Common Stock         7,478 I By GRAT (2)
Common Stock         7,478 I By GRAT (3)

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 Security3. 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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Madhavan Living Trust, UAD 10/29/98, Rajeev Madhavan & Geetha Madhavan, Trustees
2. Rajeev Madhavan 2006 Grantor-Retained Annuity Trust dtd 11/29/06, Rajeev Madhavan, Trustee
3. Geetha Madhavan 2006 Grantor-Retained Annuity Trust dtd 11/29/06, Rajeev Madhavan, Trustee
4. Prices ranged from $3.32 to $3.54
 
Remarks:
Aggregated Purchases by Price
1,700 $3.3200
400 $3.3250
8,531 $3.3300
1,063 $3.3350
23,952 $3.3400
39,928 $3.3500
1,464 $3.3525
725 $3.3550
9,386 $3.3600
500 $3.3650
7,733 $3.3700
8,214 $3.3800
2,100 $3.3900
300 $3.3950
4,402 $3.4000
1,000 $3.4050
3,676 $3.4100
1,400 $3.4150
7,845 $3.4200
500 $3.4250
5,790 $3.4300
1,000 $3.4325
1,287 $3.4350
600 $3.4400
100 $3.4450
4,601 $3.4500
100 $3.4550
7,510 $3.4600
300 $3.4650
6,740 $3.4700
200 $3.4750
9,800 $3.4800
101 $3.4850
5,664 $3.4900
500 $3.4950
11,353 $3.5000
2,367 $3.5100
400 $3.5400
183,232
Susan E. Berry, Attorney-in-Fact10/06/2008
** Signature of Reporting PersonDate
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 Number.



 
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