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 20, 2011
Volterra Semiconductor Corporation
(Exact name of registrant as specified in its charter)
| Delaware | 000-50857 | 94-3251865 | ||
(State or other jurisdiction of incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) |
47467 Fremont Blvd., Fremont, California | 94538 | |
| (Address of principal executive offices) | (Zip Code) |
Registrant’s telephone number, including area code: 510 743 1200
Not Applicable
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 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On June 20, 2011, the Compensation Committee of the Board of Directors of Volterra Semiconductor Corporation (the “Company”) approved increases to the base salaries of its executive officers as described below. The salary changes shall be effective as of July 1, 2011.
The following table sets forth the base salary increases for Volterra’s executive officers:
| Name and Title | Current Base | Updated Base | ||||||
Jeff Staszak President and Chief Executive Officer | $ | 385,000.00 | $ | 410,000.00 | ||||
Mike Burns Vice President of Finance, Chief Financial Officer and Treasurer | $ | 250,000.00 | $ | 260,000.00 | ||||
Bill Numann Senior Vice President of New Product Development | $ | 235,000.00 | $ | 260,000.00 | ||||
Craig Teuscher Senior Vice President of Operations, Manufacturing Engineering and Quality Assurance | $ | 240,000.00 | $ | 260,000.00 | ||||
Thomas Truman Vice President of Worldwide Sales | $ | 205,000.00 | $ | 225,000.00 | ||||
SIGNATURES
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.
| Volterra Semiconductor Corporation | ||||||
| June 24, 2011 | By: | /s/ David Oh | ||||
| Name: David Oh | ||||||
| Title: General Counsel | ||||||