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)
April 27, 2007
TriQuint Semiconductor, Inc.
(Exact name of registrant as specified in its charter)
| | | | |
| Delaware | | 000-22660 | | 95-3654013 |
(State or other jurisdiction of incorporation) | | (Commission File Number) | | (IRS Employer Identification No.) |
2300 N.E. Brookwood Parkway
Hillsboro, Oregon 97124
(Address of principal executive offices, including zip code)
(503) 615-9000
(Registrant’s telephone number, including area code)
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 (see General Instruction A.2. below):
| ¨ | 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.
(e) Adjustments to Executive Officer Salaries
On April 27, 2007, the Compensation Committee (the “Committee”) of the Board of Directors (the “Board”) of TriQuint Semiconductor, Inc. (“TriQuint”) approved an increase the annual base salaries for certain of TriQuint’s named executive officers, effective on May 27, 2007:
| | | |
Executive Officer | | Salary |
Todd A. DeBonis, Vice President, Worldwide Sales and Customer Service | | $ | 245,500 |
Glen A. Riley, Vice President, Commercial Foundry | | $ | 227,000 |
The officers shown above include individuals who were listed as named executive officers in TriQuint’s proxy statement filed with the SEC on April 17, 2007. The salaries for Ralph G. Quinsey, Stephanie J. Welty, and J. David Pye, the other named executive officers, have not changed.
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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| TRIQUINT SEMICONDUCTOR, INC. |
| |
| By: | | /s/ STEPHANIE J. WELTY |
| | Stephanie J. Welty Chief Financial Officer |
Date: May 3, 2007
