whalen by karaswisher

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									                               PALM INC
                          Reported by
                        WHALEN DAVE P

                                    FORM 4
              (Statement of Changes in Beneficial Ownership)

Filed 04/16/10 for the Period Ending 04/16/10

  Address          950 W. MAUDE AVENUE
                   SUNNYVALE, CA 94085
Telephone          4086177000
        CIK        0001100389
    Symbol         PALM
 SIC Code          3575 - Computer Terminals
   Industry        Computer Hardware
     Sector        Technology
Fiscal Year        06/02

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                                                    UNITED STATES SECURITIES AND EXCHANGE                                                                         OMB APPROVAL
FORM 4                                                           COMMISSION                                                                                       OMB Number: 3235-0287
                                                                                                                                                                  Expires: February 28, 2011
[ ] Check this box if no                                      Washington, D.C. 20549                                                                              Estimated average burden
longer subject to Section 16.                                                                                                                                     hours per response... 0.5
Form 4 or Form 5
obligations may continue.
                                       STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
See Instruction 1(b).
                                                      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(f) of the
                                                         Investment Company Act of 1940

1. Name and Address of Reporting Person *                         2. Issuer Name and Ticker or Trading Symbol 5. Relationship of Reporting Person(s) to Issuer
                                                                                                              (Check all applicable)
Whalen Dave P                                                     PALM INC [ PALM ]
                                                                  3. Date of Earliest Transaction (MM/DD/YYYY)                        _____ Director                          _____ 10% Owner
           (Last)          (First)       (Middle)
                                                                                                                                      __ X __ Officer (give title below)           _____ Other (specify
950 W. MAUDE AVENUE                                                                          4/16/2010                                SVP, Worldwide Sales
                           (Street)                               4. If Amendment, Date Original Filed                                6. Individual or Joint/Group Filing (Check
                                                                  (MM/DD/YYYY)                                                        Applicable Line)

                                                                                                                                      _ X _ Form filed by One Reporting Person
               (City)       (State)         (Zip)                                                                                     ___ Form filed by More than One Reporting Person

                                      Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security                                          2. Trans.       2A.       3. Trans.      4. Securities Acquired 5. Amount of Securities Beneficially Owned            6.            7. Nature
(Instr. 3)                                                   Date            Deemed Code              (A) or Disposed of (D) Following Reported Transaction(s)                     Ownership     of Indirect
                                                                             Execution (Instr. 8)                            (Instr. 3 and 4)                                      Form:         Beneficial
                                                                             Date, if                 (Instr. 3, 4 and 5)                                                          Direct (D)    Ownership
                                                                             any                                                                                                   or Indirect   (Instr. 4)
                                                                                                                                                                                   (I) (Instr.
                                                                                         Code       V Amount (D)       Price
Common Stock                                                                               A           3000     A $3.1960                       5013 (1)                               D

                                                             4/16/2010                                175000
Common Stock                                                                               A                    A      $0                      175000 (2)                              D

                    Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate    2.          3.       3A.         4.           5. Number of    6. Date Exercisable           7. Title and Amount of          8. Price of   9. Number        10.           11. Nature
Security                Conversion Trans.    Deemed      Trans.       Derivative      and Expiration Date           Securities Underlying           Derivative    of               Ownership     of Indirect
(Instr. 3)              or Exercise Date     Execution   Code         Securities                                    Derivative Security             Security      derivative       Form of       Beneficial
                        Price of             Date, if    (Instr. 8)   Acquired (A) or                               (Instr. 3 and 4)                (Instr. 5)    Securities       Derivative    Ownership
                        Derivative           any                      Disposed of (D)                                                                             Beneficially     Security:     (Instr. 4)
                        Security                                                                                                                                  Owned            Direct (D)
                                                                      (Instr. 3, 4 and                                                                            Following        or Indirect
                                                                      5)                                                                                          Reported         (I) (Instr.
                                                                                                                                                                  Transaction      4)
                                                                                         Date        Expiration       Amount or Number of
                                                                                                                Title                                             (s) (Instr. 4)
                                                         Code V        (A)        (D)    Exercisable Date             Shares

Explanation of Responses:
( 1) Of the 5,013 shares purchased through the Palm 2009 Employee Stock Purchase Plan, 3,000 were purchased on 3/31/2010.
( 2) This represents an award of restricted stock units. Fifty percent (50%) of the units awarded vest on the first anniversary of the date of
     award with the remaining 50% vesting on the second anniversary of the date of award. Vested shares will be released after the vest dates.

Reporting Owners
Reporting Owner Name / Address
                                              Director 10% Owner Officer                                        Other
Whalen Dave P
950 W. MAUDE AVENUE                                                            SVP, Worldwide Sales

Jonathan Shanberge, Attorney-in-Fact for David P. Whalen                                                      4/16/2010
                   ** Signature of Reporting Person

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.

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