UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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 28, 2010
ATMEL CORPORATION
(Exact name of registrant as specified in its charter)
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Delaware | | 0-19032 | | 77-0051991 |
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(State or other jurisdiction of | | (Commission File Number) | | (IRS Employer |
incorporation) | | | | Identification No.) |
2325 Orchard Parkway
San Jose, CA 95131
(Address of principal executive offices, including zip code)
(408) 441-0311
(Registrant’s telephone number, including area code)
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 (see General Instruction A.2. below):
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 8.01. Other Events
Settlement of Certain Litigation
On June 18, 2010, the U.S. District Court for the Northern District of California (the “Court”) preliminarily approved an agreement to settle the remaining litigation related to Atmel’s historical practices regarding the timing of stock option grants (the “Settlement Agreement”). The Court ordered Atmel to provide notice regarding the Settlement Agreement on or before June 28, 2010. The terms of the Settlement Agreement are set forth in the attached Exhibit 99.1, and are subject to the approval of the Court.
In connection with the settlement proposed in the Settlement Agreement, Atmel is attaching the exhibits listed in Item 9.01 below to this Form 8-K.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits.
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Exhibit No. | | Description |
99.1 | | Settlement Agreement |
99.2 | | Notice of Proposed Settlement |
99.3 | | Press release, dated as of June 7, 2010, entitled “Atmel Announces Resolution of Stock Option Backdating Litigation” |
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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.
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| Atmel Corporation | |
Date: June 28, 2010 | By: | /s/ Stephen Cumming | |
| | Stephen Cumming | |
| | Vice President Finance and Chief Financial Officer | |
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EXHIBIT INDEX
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Exhibit No. | | Description |
99.1 | | Settlement Agreement |
99.2 | | Notice of Proposed Settlement |
99.3 | | Press release, dated as of June 7, 2010, entitled “Atmel Announces Resolution of Stock Option Backdating Litigation” |
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