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 *
  MILLAGE LINDA
2. Date of Event Requiring Statement (Month/Day/Year)
05/01/2007
3. Issuer Name and Ticker or Trading Symbol
GENESIS MICROCHIP INC /DE [GNSS]
(Last)
(First)
(Middle)
2525 AUGUSTINE DRIVE
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Interim Principal Acctg Off.
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

SANTA CLARA, CA 95054
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 1,288 (1)
D
 

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 Options (Right to Buy) 05/01/2007(2) 05/01/2012 Common Stock 5,000 $ 15.72 D  
Stock Options (Right to Buy) 12/13/2007(2) 12/13/2012 Common Stock 14,000 $ 10.15 D  
Restricted Stock Units 05/10/2007(6) 05/10/2010(4) Common Stock 3,000 $ (5) D  
Restricted Stock Units 11/20/2007(3) 11/20/2010(4) Common Stock 2,000 $ (5) D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
MILLAGE LINDA
2525 AUGUSTINE DRIVE
SANTA CLARA, CA 95054
      Interim Principal Acctg Off.  

Signatures

/s/ Jeffrey Lin, Attorney-in-Fact 06/21/2007
**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) These shares were acquired under the Company's 1997 Employee Stock Purchase Plan
(2) 25% of the total number of shares become exercisable on this date and an additional 1/48th of the total number of shares become exercisable each month thereafter
(3) 25% of the Restricted Stock Units vest on this date and 25% will vest each year thereafter to be fully vested in four (4) years
(4) Restricted Stock Units fully vest on this date
(5) Each Restricted Stock Unit represents a contingent right to receive one share of GNSS common stock
(6) 25% of the Restricted Stock Units vest on this date and 1/16th will vest quarterly to be fully vested in four (4) years

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