In this paper, we consider the action of Vect(S1) by Lie derivative on the spaces of pseudodifferential operators Ψ𝒟𝒪. We study the 𝔥-trivial deformations of the standard embedding of the Lie algebra Vect(S1) of smooth vector fields on the circle, into the Lie algebra of functions on the cotangent bundle T∗S1. We classify the deformations of this action that become trivial once restricted to 𝔥, where 𝔥=𝔞𝔣𝔣(1) or 𝔰𝔩(2). Necessary and sufficient conditions for integrability of infinitesimal deformations are given.