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
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5
                      
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 *

DURBIN EDWARD
2. Issuer Name and Ticker or Trading Symbol

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

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

1420 SANDPIPER SPIT
3. Date of Earliest Transaction (MM/DD/YYYY)

11/12/2003
(Street)

POINT RICHMOND, CA 94801
(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   11/12/2003     M    2500   A $6.375   110214   D    
Common Stock   11/12/2003     M    2500   A $6.375   112714   D    
Common Stock   11/12/2003     M    5000   A $5.375   117714   D    
Common Stock   11/12/2003     M    5000   A $3.375   122714   D    
Common Stock   11/12/2003     M    5000   A $5   127714   D    
Common Stock   11/12/2003     M    5000   A $4.12   132714   D    
Common Stock   11/12/2003     M    10000   A $6   142714   D    
Common Stock                  2344031   I   by LLC   (1)
Common Stock                  8000   I   by Spouse  

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   11/12/2003           5000    6/21/2000   (2) 6/21/2010   Common Stock   5000   $3.375   0   D    
Non-Qualified Stock Option (right to buy)   $4.12   11/12/2003           5000    6/20/2002   (2) 6/20/2012   Common Stock   5000   $4.12   0   D    
Non-Qualified Stock Option (right to buy)   $5   11/12/2003           5000    5/18/2001   (2) 5/18/2011   Common Stock   5000   $5   0   D    
Non-Qualified Stock Option (right to buy)   $5.375   11/12/2003           5000    5/13/1999   (2) 5/13/2009   Common Stock   5000   $5.375   0   D    
Non-Qualified Stock Option (right to buy)   $6   11/12/2003           10000    11/21/1995   (3) 11/20/2005   Common Stock   10000   $6   0   D    
Non-Qualified Stock Option (right to buy)   $6.375   11/12/2003           2500    8/31/1998   (4) 8/31/2008   Common Stock   2500   $6.375   2500   D    
Non-Qualified Stock Option (right to buy)   $6.375   11/12/2003           2500    8/31/1998   (4) 8/31/2008   Common Stock   2500   $6.375   0   D    

Explanation of Responses:
(1)  Mr. Durbin is a former director of the issuer and is a Manager of Foster City LLC and shares voting and investment powers over the shares of the issuer held by Foster City LLC. Mr. Durbin disclaims beneficial ownership of the shares of the issuer held by Foster City LLC except as to his pecuniary interest therein.
(2)  The option is immediately exercisable and fully vested upon the date of grant.
(3)  The 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 in four successive equal installments upon the optionee's completion of each year of Board service over the four-year period measured from the grant date.
(4)  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
DURBIN EDWARD
1420 SANDPIPER SPIT
POINT RICHMOND, CA 94801

X


Signatures
By: Kevin H. Soulsby For: Edward Durbin 11/14/2003
** 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.