Statement of Changes in Beneficial Ownership (4)

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 or Section 30(h) of the Investment Company Act of 1940

1. Name and Address of Reporting Person * Kulkarni Subodh K	2. Issuer Name and Ticker or Trading Symbol CYBEROPTICS CORP [ CYBE ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director                    _____ 10% Owner __X__ Officer (give title below)    _____ Other (specify below) President & CEO
(Last)          (First)          (Middle) 5900 GOLDEN HILLS DRIVE	3. Date of Earliest Transaction (MM/DD/YYYY) 12/4/2020
(Street) GOLDEN VALLEY, MN 55416 (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	12/4/2020		A		6700	A	$0	133021 (1)	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
Employee Stock Option	$9.62							12/5/2015 (2)	12/5/2021	Common Stock	38750		38750	D
Employee Stock Option	$7.18							12/11/2016 (3)	12/11/2022	Common Stock	55000		55000	D
Employee Stock Option	$26.4							12/9/2017 (3)	12/9/2023	Common Stock	12000		12000	D
Employee Stock Option	$15.4							12/8/2018 (3)	12/8/2024	Common Stock	20000		20000	D
Employee Stock Option	$19.46							12/7/2019 (3)	12/7/2025	Common Stock	17500		17500	D
Employee Stock Option	$16.23							12/6/2020 (3)	12/6/2026	Common Stock	22000		22000	D
Employee Stock Option	$28.32	12/4/2020		A		13400		12/4/2021 (3)	12/4/2027	Common Stock	13400	$0	13400	D

Explanation of Responses:
(1)	Includes (a) 750 shares of restricted stock units that vest on December 9, 2020, (b) 5,000 restricted stock units that vest in increments of 2,500 shares on each of December 8, 2020 and 2021; (c) 4,400 restricted stock units that vest in increments of 2,200 shares on each of December 7, 2021 and 2022; (d) 8,250 restricted stock units that vest in increments of 2,750 shares on each of December 6, 2021, 2022 and 2023; and (e) 6,700 restricted stock units that vest in increments of 1,675 shares on each of December 6, 2021, 2022, 2023 and 2024.
(2)	Fully exercisable.
(3)	Exercisable with respect to 25% of such shares on such date and with respect to an additional cumulative 25% of such shares on the next three anniversaries of such date.

Reporting Owners
Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
Kulkarni Subodh K 5900 GOLDEN HILLS DRIVE GOLDEN VALLEY, MN 55416			President & CEO

Signatures
Subodh K. Kulkarni		12/7/2020
**Signature of Reporting Person		Date