Edgar Filing: ALTIGEN COMMUNICATIONS INC

Ownership Submission

FORM 5

	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
	Form 3 Holdings Reported
	Form 4 Transactions Reported

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
ANNUAL 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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1. Name and Address of Reporting Person ^*

Wanger Eric

2. Issuer Name and Ticker or Trading Symbol
ALTIGEN COMMUNICATIONS INC [ATGN]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

__X__ Director	__X__ 10% Owner
_____ Officer (give title below)	_____ Other (specify below)

(Last)

(First)

(Middle)

401 N. MICHIGAN AVE.,Â SUITE 1301

3. Statement for Issuer's Fiscal Year Ended (Month/Day/Year)
02/08/2007

(Street)

CHICAGO,Â ILÂ 60611

4. If Amendment, Date Original Filed(Month/Day/Year)

6. Individual or Joint/Group Reporting
(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 at end of Issuer's Fiscal Year (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
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)	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	02/08/2007	Â	P4	1,550	A	$ 1.57	409,477	D	Â
Common Stock	02/09/2007	Â	P4	835	A	$ 1.57	410,312	D	Â
Common Stock	02/12/2007	Â	P4	8,160	A	$ 1.56	418,472	D	Â
Common Stock	02/13/2007	Â	P4	561	A	$ 1.57	419,033	D	Â
Common Stock	02/14/2007	Â	P4	100	A	$ 1.62	419,133	D	Â
Common Stock	02/15/2007	Â	P4	500	A	$ 1.58	419,633	D	Â
Common Stock	02/22/2007	Â	P4	400	A	$ 1.58	420,033	D	Â
Common Stock	02/23/2007	Â	P4	328	A	$ 1.58	420,361	D	Â
Common Stock	04/11/2007	Â	P4	2,500	A	$ 1.8	422,861	I ⁽¹⁾	See Note 1
Common Stock	04/12/2007	Â	P4	805	A	$ 1.82	423,666	I ⁽¹⁾	See Note 1
Common Stock	04/16/2007	Â	P4	8,297	A	$ 1.82	431,963	I ⁽¹⁾	See Note 1
Common Stock	04/17/2007	Â	P4	997	A	$ 1.83	432,960	I ⁽¹⁾	See Note 1
Common Stock	04/18/2007	Â	P4	1,050	A	$ 1.83	434,010	I ⁽¹⁾	See Note 1
Common Stock	04/19/2007	Â	P4	5,100	A	$ 1.77	439,110	I ⁽¹⁾	See Note 1
Common Stock	04/20/2007	Â	P4	4,550	A	$ 1.76	443,660	I ⁽¹⁾	See Note 1
Common Stock	04/27/2007	Â	P4	2,400	A	$ 1.76	446,060	D	Â
Common Stock	04/30/2007	Â	P4	4,600	A	$ 1.77	450,660	D	Â
Common Stock	05/01/2007	Â	P4	17,910	A	$ 1.77	468,570	D	Â
Common Stock	05/08/2007	Â	P4	392,378	A	$ 1.78	860,948	I ⁽¹⁾	See Note 1
Common Stock	07/31/2007	Â	P4	7,200	A	$ 1.74	868,148	I ⁽¹⁾	See Note 1
Common Stock	07/31/2007	Â	P4	900	A	$ 1.73	869,048	I ⁽¹⁾	See Note 1
Common Stock	08/01/2007	Â	P4	1,000	A	$ 1.73	870,048	I ⁽¹⁾	See Note 1
Common Stock	08/07/2007	Â	P4	2,800	A	$ 1.68	872,848	I ⁽¹⁾	See Note 1
Common Stock	08/10/2007	Â	P4	5,000	A	$ 1.64	877,848	I ⁽¹⁾	See Note 1
Common Stock	08/23/2007	Â	P4	19,600	A	$ 1.48	897,448	I ⁽¹⁾	See Note 1
Common Stock	08/24/2007	Â	P4	3,600	A	$ 1.48	901,048	I ⁽¹⁾	See Note 1
Common Stock	08/27/2007	Â	P4	15,150	A	$ 1.58	916,198	I ⁽¹⁾	See Note 1
Common Stock	08/28/2007	Â	P4	11,424	A	$ 1.58	927,622	I ⁽¹⁾	See Note 1
Common Stock	08/30/2007	Â	P4	1,400	A	$ 1.59	929,022	I ⁽¹⁾	See Note 1
Common Stock	08/31/2007	Â	P4	2,646	A	$ 1.55	931,668	I ⁽¹⁾	See Note 1

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

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SEC 2270 (9-02)

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 at End of Issuer's Fiscal Year
(Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)

11. Nature of Indirect Beneficial Ownership
(Instr. 4)

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Stock Options (right to buy)

$ 1.56

01/22/2007

20,000

01/22/2008

01/22/2017

Common Stock

20,000

$ 0

20,000

Stock Options (right to buy)

$ 1.3

11/15/2007

20,000

11/15/2008

11/15/2017

Common Stock

20,000

$ 0

20,000

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
Wanger Eric 401 N. MICHIGAN AVE. SUITE 1301 CHICAGO,Â ILÂ 60611	Â X	Â X	Â	Â

Signatures

/s/ Eric D. Wanger		12/12/2008
^**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)	Shares held by Wanger Long Term Opportunity Fund II, LP ("WLTOF"). The Reporting Person controls WLTOF through (a) its general partner, WLTOF GP LLC, in which the Reporting Person has an interest, and (b) Wanger Investment Management, Inc., in which the Reporting Person has an interest and which provides investment management services to WLTOF. The Reporting Person disclaims beneficial ownership of such shares except to the extent of his beneficial interest in WLTOF.
Â Remarks: TheÂ ReportingÂ PersonÂ inadvertentlyÂ failedÂ toÂ timelyÂ fileÂ FormÂ 4Â inÂ connectionÂ withÂ theÂ acquisitionÂ ofÂ sharesÂ ofÂ theÂ common Â stockÂ ofÂ theÂ IssuerÂ andÂ optionsÂ toÂ acquireÂ sharesÂ ofÂ theÂ commonÂ stockÂ ofÂ theÂ IssuerÂ duringÂ theÂ periodÂ beginningÂ onÂ January Â 22,Â 2007Â andÂ endingÂ onÂ DecemberÂ 9,Â 2008.Â ThisÂ FormÂ 5,Â togetherÂ withÂ theÂ otherÂ FormÂ 5Â filingsÂ madeÂ byÂ theÂ ReportingÂ PersonÂ as Â ofÂ theÂ dateÂ hereof,Â reportsÂ allÂ transactionsÂ byÂ theÂ ReportingÂ PersonÂ inÂ theÂ Issuer'sÂ equityÂ securitiesÂ duringÂ suchÂ period, Â includingÂ withoutÂ limitationÂ certainÂ transactionsÂ previouslyÂ reportedÂ onÂ FormÂ 4.

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