Ownership Submission
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

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 *
NAGEL DAVID C
   2. Issuer Name and Ticker or Trading Symbol
LIBERATE TECHNOLOGIES [LBRT] 		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)
2655 CAMPUS DRIVE, SUITE 250		 3. Date of Earliest Transaction (Month/Day/Year)
04/07/2005
(Street)

SAN MATEO, CA 94403		 4. If Amendment, Date Original Filed(Month/Day/Year)
 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 Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction 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 04/07/2005   M   3,846 A $ 0 13,574 D  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction 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
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(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
Stock Units (1) 04/07/2005   M     3,846   (2)   (2) Common Stock 3,846 $ 0 0 D  
Non-Qualified Stock Option (right to buy) $ 96.375 04/08/2005   D(3)     100,000 02/24/2004 02/24/2010 Common Stock 100,000 $ 0 0 D  
Non-Qualified Stock Option (right to buy) $ 94.275 04/08/2005   A(3)   100,000   02/24/2004 02/24/2010 Common Stock 100,000 $ 0 100,000 D  
Non-Qualified Stock Option (right to buy) $ 17.0625 04/08/2005   D(3)     40,000 02/24/2004 08/16/2010 Common Stock 40,000 $ 0 0 D  
Non-Qualified Stock Option (right to buy) $ 14.9625 04/08/2005   A(3)   40,000   02/24/2004 08/16/2010 Common Stock 40,000 $ 0 40,000 D  
Non-Qualified Stock Option (right to buy) $ 23.25 04/08/2005   D(3)     10,000 10/24/2000 10/24/2010 Common Stock 10,000 $ 0 0 D  
Non-Qualified Stock Option (right to buy) $ 21.15 04/08/2005   A(3)   10,000   10/24/2000 10/24/2010 Common Stock 10,000 $ 0 10,000 D  
Non-Qualified Stock Option (right to buy) $ 9.95 04/08/2005   D(3)     10,000 10/30/2001 10/30/2011 Common Stock 10,000 $ 0 0 D  
Non-Qualified Stock Option (right to buy) $ 7.85 04/08/2005   A(3)   10,000   10/30/2001 10/30/2011 Common Stock 10,000 $ 0 10,000 D  
Non-Qualified Stock Option (right to buy) $ 2.42 04/08/2005   D(3)     50,000 04/08/2005 07/18/2012 Common Stock 50,000 $ 0 0 D  
Non-Qualified Stock Option (right to buy) $ 0.32 04/08/2005   A(3)   50,000   04/08/2005 07/18/2012 Common Stock 50,000 $ 0 50,000 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
NAGEL DAVID C
2655 CAMPUS DRIVE, SUITE 250
SAN MATEO, CA 94403		   X      

Signatures

 /s/ David C. Nagel   04/11/2005
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) Each stock unit converted into one share of common stock upon vesting.
(2) Award vesting accelerated pursuant to the terms of the reporting person's employment agreement with the Issuer.
(3) The outstanding option was adjusted in connection with the Issuer's extraordinary dividend. This form shows the reduction in the option exercise price as a result of such adjustment. All options that were not fully vested and exercisable became fully vested and exercisable pursuant to the terms of the reporting person's employment agreement with the Issuer.

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