Ownership Submission
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

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 *
IVERSON KATHLEEN P
  2. Issuer Name and Ticker or Trading Symbol
CYBEROPTICS CORP [CYBE]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
President & CEO
(Last)
(First)
(Middle)
5900 GOLDEN HILLS DRIVE
3. Date of Earliest Transaction (Month/Day/Year)
12/10/2011
(Street)

GOLDEN VALLEY, MN 55416
4. If Amendment, Date Original Filed(Month/Day/Year)
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 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)
Code V Amount (A) or (D) Price
Common Stock 12/10/2011   F(1)   302 D $ 7.04 44,907 (2) D  
Common Stock               155 I By minor children (3)

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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 Security 3. 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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (right to buy) $ 11.87             02/15/2003(4) 02/15/2012 Common Stock 50,000   50,000 D  
Employee Stock Option (right to buy) $ 11.42             05/16/2006(4) 05/16/2012 Common Stock 30,000   30,000 D  
Employee Stock Option (right to buy) $ 12.95             12/07/2007(4) 12/07/2013 Common Stock 16,500   16,500 D  
Employee Stock Option (right to buy) $ 12.34             12/07/2008(5) 12/07/2014 Common Stock 13,350   13,350 D  
Employee Stock Option (right to buy) $ 4.99             12/05/2009(5) 12/05/2015 Common Stock 46,200   46,200 D  
Employee Stock Option (right to buy) $ 6.2873             09/11/2010(5) 09/11/2016 Common Stock 10,000   10,000 D  
Employee Stock Option (right to buy) $ 8.71             12/10/2011(5) 12/10/2017 Common Stock 16,667   16,667 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
IVERSON KATHLEEN P
5900 GOLDEN HILLS DRIVE
GOLDEN VALLEY, MN 55416
  X     President & CEO  

Signatures

 Kathleen P. Iverson   12/12/2011
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) Payment of tax by withholding shares on vesting of restricted stock units.
(2) Includes (a) 1,905 restricted stock units that vest on December 5, 2012 and (b) 2,083 restricted stock units that vest in increments of 695 shares on December 10, 2012 and in increments of 694 shares on each of December 10, 2013 and 2014.
(3) As custodian for minor child under the Uniform Transfers to Minors Act.
(4) Fully Exercisable.
(5) Exercisable with respect to 25% of such shares on such date and with respect to an additional cumulative 25% of such shares on the next three anniversaries of such date.

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