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): May 17, 1996
TriQuint Semiconductor, Inc.
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(Exact name of registrant as specified in its charter)
California 0-22660 95-3654013
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(State or other jurisdiction of (Commission (I.R.S. Employer
incorporation or organization) File Number) Identification No.)
3625A S.W. Murray Blvd., Beaverton, Oregon 97005
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (503) 644-3535
ITEM 5. OTHER EVENTS
TriQuint Semiconductor, Inc. (the "Company") entered into several
agreements each dated May 17, 1996 in connection with a lease facility for the
construction of a 187,000 square foot semiconductor manufacturing and office
complex in Hillsboro, Oregon. Pursuant to that certain Participation Agreement
among the Company, Wolverine Leasing Corp. ("Wolverine"), Matisse Holding
Company ("Matisse") and United States National Bank of Oregon ("Bank"),
Wolverine shall lease certain real property owned by Wolverine to the Company
under an operating lease with an option to purchase such property. In addition,
the Participation Agreement provides that Wolverine will make advances to the
Company to cover the costs of certain improvements to such real property and to
pay certain related financing costs, transaction costs, and other costs and
expenses; Wolverine will use the proceeds of loans from the Bank and Matisse, as
well as certain equity funds provided by Matisse, in order to provide the
Company with such advances and such other costs and expenses.
A copy of the press release, dated May 23, 1996, which publicly announces
the transaction is filed herewith as Exhibit 99.1.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
a. Financial Statements: not applicable.
b. Pro Forma Financial Information: not applicable.
c. Exhibits:
10.16 Participation Agreement dated May 17, 1996 among the
Registrant, Wolverine Leasing Corp., Matisse Holding Company
and United States National Bank of Oregon.
10.17 Lease dated May 17, 1996 between the Registrant and
Wolverine Leasing Corp.
99.1 Press Release dated May 23, 1996.
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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.
TRI QUINT SEMICONDUCTOR, INC.
Dated: June 14, 1996 By: /s/ JOSEPH J. MARTIN
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Joseph J. Martin
Vice President, Finance and
Administration, Chief Financial
Officer and Secretary
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INDEX TO EXHIBITS
EXHIBIT NO. DESCRIPTION
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10.16 Participation Agreement dated May 17, 1996 among the Registrant,
Wolverine Leasing Corp., Matisse Holding Company and United States
National Bank of Oregon.
10.17 Lease dated May 17, 1996 between the Registrant and Wolverine
Leasing Corp.
99.1 Press Release dated May 23, 1996