Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Schmidt Kristen M
2. Date of Event Requiring Statement (Month/Day/Year)
05/06/2011
3. Issuer Name and Ticker or Trading Symbol
MINDSPEED TECHNOLOGIES, INC [MSPD]
(Last)
(First)
(Middle)
4000 MACARTHUR BLVD., EAST TOWER
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
VP and Interim CFO
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

NEWPORT BEACH, CA 92660
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 22,844
D
 
Common Stock 175
I
By Savings Plan - MSPD (1)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (Right to Buy) 02/25/2010(2) 11/25/2017 Common Stock 1,500 $ 4.37 D  
Stock Option (Right to Buy) 04/30/2010(3) 04/30/2017 Common Stock 1,251 $ 2.12 D  
Stock Option (Right to Buy) 05/15/2010(4) 08/15/2011 Common Stock 66 $ 1.7 D  
Stock Option (Right to Buy) 05/15/2010(5) 07/30/2012 Common Stock 69 $ 1.7 D  
Stock Option (Right to Buy) 05/15/2010(5) 01/28/2013 Common Stock 142 $ 1.7 D  
Stock Option (Right to Buy) 05/15/2010(5) 12/23/2013 Common Stock 2,857 $ 1.7 D  
Stock Option (Right to Buy) 05/15/2010(5) 02/02/2015 Common Stock 187 $ 1.7 D  
Stock Option (Right to Buy) 11/08/2011(6) 11/08/2018 Common Stock 5,000 $ 6.68 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Schmidt Kristen M
4000 MACARTHUR BLVD., EAST TOWER
NEWPORT BEACH, CA 92660
      VP and Interim CFO  

Signatures

/s/ Ambra R. Roth, Attorney-in-fact 05/12/2011
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(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).
(1) Shares represented by Company stock fund units under the Mindspeed Technologies, Inc. Savings Plan which were acquired on a periodic basis pursuant to the Plan, based on the latest information furnished by the Plan Administrator. The shares represented by Company stock fund units under the Plan are held in the employee benefit plan trust and established thereunder.
(2) Options became exercisable as to 1/8 of the option shares on this date and as to an additional 1/8 of the option shares each three months thereafter.
(3) Options became exercisable as to 1/3 of the option shares on this date and as to an additional 1/8 of the option shares each three months thereafter.
(4) Options became exercisable as to 1/2 of the option shares on this date and as to an additional 1/2 of the option shares one year thereafter.
(5) Options became exercisable as to 1/3 of the option shares on this date and as to an additional 1/3 of the option shares each two years thereafter.
(6) Options become exercisable as to 1/3 of the option shares on this date and as to an additional 1/24 of the option shares each month thereafter.

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