UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):June 15, 2005
SILICON IMAGE, INC.
(Exact name of Registrant as specified in its charter)Delaware
(State or other jurisdiction of incorporation)
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| 000-26887 | | 77-0396307 |
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(Commission
File Number) | | (IRS Employer
Identification No.) |
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| 1060 East Arques Ave., Sunnyvale, CA | | 94085 |
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| (Address of principal executive offices) | | (Zip Code) |
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(408) 616-4000
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(Registrant’s telephone number)
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Not Applicable
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(Former name or former address, if changed since last report)
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
| ITEM 1.01. | | ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT. |
On June 16, 2005, the Compensation Committee (the “Committee”) of the Board of Directors (the “Board”) of Silicon Image, Inc. (the “Registrant”) approved incentive bonuses provided the Registrant achieves a specified product revenue target. Rob Valiton, the Registrant’s current Vice President of Worldwide Sales, will be eligible to receive an incentive bonus of $10,000. This incentive bonus arrangement is not memorialized in a formal bonus plan document.
| ITEM 5.02 | | DEPARTURE OF DIRECTORS OR PRINCIPAL OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF PRINCIPAL OFFICERS. |
(b) As previously disclosed in a Form 8-K filed with the Securities and Exchange Commission on April 28, 2005, David Lee did not stand for re-election at the Annual Meeting of Stockholders of the Registrant held on June 15, 2005. Accordingly, Dr. Lee resigned from the Board of Directors of the Registrant as of such date.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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Date: June 21, 2005
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| | SILICON IMAGE, INC.
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| | By: | /s/ Patrick Reutens | |
| | | Patrick Reutens | |
| | | Chief Legal Officer | |
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