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 *

LAMBETH DAVID N
2. Issuer Name and Ticker or Trading Symbol

INTEVAC INC [ IVAC ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

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

118 BUCKINGHAM ROAD
3. Date of Earliest Transaction (MM/DD/YYYY)

2/3/2006
(Street)

PITTSBURGH, PA 15215
(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   2/3/2006     M    2500   A $6.375   2500   D    
Common Stock   2/3/2006     M    2500   A $6.375   5000   D    
Common Stock   2/3/2006     M    5000   A $5.375   10000   D    
Common Stock   2/3/2006     M    5000   A $3.375   15000   D    
Common Stock   2/3/2006     M    10000   A $5   25000   D    
Common Stock   2/3/2006     M    10000   A $5.4   35000   D    
Common Stock   2/3/2006     M    5000   A $4.12   40000   D    
Common Stock   2/3/2006     M    5000   A $5.07   45000   D    
Common Stock   2/3/2006     M    10000   A $9.62   55000   D    
Common Stock   2/3/2006     M    10000   A $10.95   65000   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
Non-Qualified Stock Option (right to buy)   $3.375   2/3/2006           5000    6/21/2000   (1) 6/21/2010   Common Stock   5000   $3.375   0   D    
Non-Qualified Stock Option (right to buy)   $4.12   2/3/2006           5000    6/20/2002   (1) 6/20/2012   Common Stock   5000   $4.12   0   D    
Non-Qualified Stock Option (right to buy)   $5   2/3/2006           10000    5/18/2001   (1) 5/18/2011   Common Stock   10000   $5   0   D    
Non-Qualified Stock Option (right to buy)   $5.07   2/3/2006           5000    5/27/2003   (1) 5/27/2013   Common Stock   5000   $5.07   0   D    
Non-Qualified Stock Option (right to buy)   $5.375   2/3/2006           5000    5/13/1999   (1) 5/13/2009   Common Stock   5000   $5.375   0   D    
Non-Qualified Stock Option (right to buy)   $5.4   2/3/2006           10000    5/31/2001   (1) 5/31/2011   Common Stock   10000   $5.4   0   D    
Non-Qualified Stock Option (right to buy)   $6.375   2/3/2006           2500    8/31/1998   (2) 8/31/2008   Common Stock   2500   $6.375   2500   D    
Non-Qualified Stock Option (right to buy)   $6.375   2/3/2006           2500    8/31/1998   (2) 8/31/2008   Common Stock   2500   $6.375   0   D    
Non-Qualified Stock Option (right to buy)   $9.62   2/3/2006           10000    5/17/2004   (1) 5/17/2014   Common Stock   10000   $9.62   0   D    
Non-Qualified Stock Option (right to buy)   $10.95   2/3/2006           10000    5/23/2005   (1) 5/23/2015   Common Stock   10000   $10.95   0   D    

Explanation of Responses:
(1)  The option is immediately exercisable and fully vested upon the date of grant.
(2)  This option is immediately exercisable, but any shares purchased under the option are subject to repurchase by the issuer at the option exercise price, upon the reporting person's cessation of Board service prior to vesting in the shares. The option shares vest upon the optionee's completion of one year of Board service as measured from the grant date.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
LAMBETH DAVID N
118 BUCKINGHAM ROAD
PITTSBURGH, PA 15215
X



Signatures
By: Kevin H. Soulsby For: David Lambeth 2/7/2006
** 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).
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