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
                                                                                  
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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 *

Riese Phillip John 		2. Issuer Name and Ticker or Trading Symbol

HYPERCOM CORP [ HYC ] 		5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      _____ 10% Owner
_____ Officer (give title below)      _____ Other (specify below)
(Last)          (First)          (Middle)

8888 EAST RAINTREE DRIVE, SUITE 300 		3. Date of Earliest Transaction (MM/DD/YYYY)

8/4/2011
(Street)

SCOTTSDALE, AZ 85260
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 		2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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   8/4/2011     D    20000   D   (1) 0   D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3) 		2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 7. Title and Amount of Securities Underlying Derivative Security
(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
Director Stock Option   $3.85   8/4/2011     D         15000    2/26/2009   2/26/2018   Common Stock   15000     (2) 0   D    
Director Stock Option   $4.78   8/4/2011     D         6250    3/8/2006   3/8/2015   Common Stock   6250     (2) 0   D    
Director Stock Option   $5.06   8/4/2011     D         15000    3/12/2008   3/12/2017   Common Stock   15000     (2) 0   D    
Director Stock Option   $7.07   8/4/2011     D         6250    10/27/2005   10/27/2014   Common Stock   6250     (2) 0   D    
Director Stock Option   $7.5   8/4/2011     D         65000    3/6/2007   3/6/2016   Common Stock   65000     (2) 0   D    
Director Stock Option   $1.03   8/4/2011     D         15000    3/13/2010   3/13/2019   Common Stock   15000     (2) 0   D    
Director Stock Option   $3.45   8/4/2011     D         15000    3/4/2011   3/4/2020   Common Stock   15000     (2) 0   D    

Explanation of Responses:
( 1)  Disposed of pursuant to the Agreement and Plan of Merger by and among the issuer, VeriFone Systems, Inc. ("VeriFone") and Honey Acquisition Co. (the "Merger Agreement"). For each share of Hypercom common stock, the reporting person received 0.23 shares of VeriFone common stock having a market value of $40.99 per share on the effective date of the merger.
( 2)  The stock options were assumed by VeriFone in the merger. Each stock option was converted into the right to purchase 0.23 of a share of VeriFone common stock, with a corresponding adjustment to the exercise price.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Riese Phillip John
8888 EAST RAINTREE DRIVE, SUITE 300
SCOTTSDALE, AZ 85260 		X



Signatures
/s/ Douglas J. Reich, as attorney-in-fact 8/8/2011
** Signature of Reporting Person Date


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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