Alliance Semiconductor Corp./DE – ‘3’ for 12/7/01 re: Alliance Semiconductor Corp./DE

As of:  Tuesday, 12/11/01   ·   For:  12/7/01   ·   Accession #:  913293-1-500060   ·   File #:  0-22594

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Initial Statement of Beneficial Ownership of Securities by an Insider   —   Form 3   —   SEA’34
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 3           Initial Statement of Beneficial Ownership of           4±    13K 
                Securities by an Insider                                         

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 U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549

FORM 3

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(f) of the Investment Company Act of 1940

________________________________________________________________________________
1.   Name and Address of Reporting Person*                                      

Meyer, John                                                                     
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(Last)                            (First)              (Middle)           

c/o Alliance Seminconductor Corporation, 2575 Augustine Drive                   
--------------------------------------------------------------------------------
(Street)

Santa Clara, CA 95054                                                           
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(City)                            (State)                (Zip)            

________________________________________________________________________________
2.   Date of Event Requiring Statement (Month/Day/Year)                         

December 7, 2001                                                                
________________________________________________________________________________
3.   IRS Identification Number of Reporting Person, if an Entity (Voluntary)    

________________________________________________________________________________
4.   Issuer Name and Ticker or Trading Symbol                                   

Alliance Semiconductor Corporation (ALSC)                                       
________________________________________________________________________________
5.   Relationship of Reporting Person to Issuer                                 
(Check all applicable)                                                

[ ]  Director                             [ ]  10% Owner              
[X]  Officer (give title below)           [ ]  Other (specify below)  

Senior Vice President, Business Development                                     
________________________________________________________________________________
6.   If Amendment, Date of Original (Month/Day/Year)                            

________________________________________________________________________________
7.   Individual or Joint/Group Filing  (Check applicable line)                  

[X]  Form Filed by One Reporting Person                               
[ ]  Form Filed by More than One Reporting Person                     

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 Table I -- Non-Derivative Securities Beneficially Owned
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                                                        [Enlarge/Download Table]

                                                                 3. Ownership Form:                                                 
                                      2. Amount of Securities       Direct (D) or                                                   
1. Title of Security                     Beneficially Owned         Indirect (I)       4. Nature of Indirect Beneficial Ownership   
   (Instr. 4)                            (Instr. 4)                 (Instr. 5)            (Instr. 4)                                
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*    If the Form is filed by more than one  Reporting  Person,  see  Instruction
5(b)(v).                                                              

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

 (Print of Type Responses)

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FORM 3 (continued)                                                              

Table II -- Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

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                                                        [Enlarge/Download Table]

                                                                                                        5. Owner-                   
                                                    3. Title and Amount of Securities                      ship                     
                                                       Underlying Derivative Security                      Form of                  
                         2. Date Exercisable           (Instr. 4)                                          Derivative               
                            and Expiration Date     ---------------------------------    4. Conver-        Security:                
                            (Month/Day/Year)                               Amount           sion or        Direct      6. Nature of 
                         ----------------------                            or               Exercise       (D) or         Indirect  
                         Date       Expira-                                Number           Price of       Indirect       Beneficial
1. Title of Derivative   Exer-      tion                                   of               Derivative     (I)            Ownership 
   Security (Instr. 4)   cisable    Date            Title                  Shares           Security       (Instr. 5)     (Instr. 5)
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Employee Stock Option                                                                                                               
(right to buy)           11/12/01(1) 11/12/07       Common Stock          100,000        $9.95          D                           
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Explanation of Responses:                                                       

(1)  Exercisable in 20% of the shares underlying the option on 11/12/02,  and 5%
     of the shares underlying the option on each of 11/12/03,  2/12/03, 5/12/03,
     8/12/03, 11/12/04,  2/12/04, 5/12/04, 8/12/04, 11/12/05,  2/12/05, 5/12/05,
8/12/05, 11/12/06, 2/12/06, 5/12/06 and 8/12/06.                      

/s/ John Meyer                                                  12/11/01        
---------------------------------------------            -----------------------
**Signature of Reporting Person                             Date    

**   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 provided is insufficient, see Instruction 6 for procedure.

 (Print of Type Responses)

                                                                          Page 2

Dates Referenced Herein

				Referenced-On Page
This ‘3’ Filing		Date		First		Last			Other Filings
Filed on:		12/11/01							None on these Dates
For Period end:		12/7/01		1
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