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) August 26, 2014 | |
Vishay Intertechnology, Inc. |
(Exact name of registrant as specified in its charter) |
Delaware | 1-7416 | 38-1686453 |
(State or Other Jurisdiction of Incorporation) | (Commission File Number) | (I.R.S. Employer Identification Number) |
63 Lancaster Avenue Malvern, PA 19355-2143 | 19355-2143 |
(Address of Principal Executive Offices) | Zip Code |
Registrant's telephone number, including area code 610-644-1300 |
(Former name or former address, if changed since last report.) |
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:
¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 7.01 – Regulation FD Disclosure
The quarterly cash dividend program of the Company results in adjustments to the conversion rate and effective conversion price for each issuance of the Company's convertible senior debentures, specifically, the 2.25% Convertible Senior Debentures due 2040, the 2.25% Convertible Senior Debentures due 2041, and the 2.25% Convertible Senior Debentures due 2042. As required by the indentures governing the terms of each issuance of debentures, the Company has delivered a notice and officers' certificate to the trustees regarding these adjustments.
Pursuant to the indentures governing the terms of each issuance of debentures, effective August 26, 2014 (the ex-dividend date), the adjusted conversion rate and adjusted effective conversion price are as follows (subject to the conditions applicable to conversion of debentures set forth in the indentures):
Due 2040 | Due 2041 | Due 2042 | ||||||||||
Conversion Rate (shares of common stock per $1,000 principal amount of debentures) | 72.8961 | 53.1957 | 85.7084 | |||||||||
Effective conversion price (per share) | $ | 13.72 | $ | 18.80 | $ | 11.67 |
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.
Date: August 26, 2014
VISHAY INTERTECHNOLOGY, INC. |
By: | /s/ Lori Lipcaman |
Name: | Lori Lipcaman | |||
Title: | Executive Vice President and | |||
Chief Financial Officer |