Summary of HITTITE MICROWAVE CORP

Item 5.02 Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

The Compensation Committee of our Board of Directors has authorized discretionary year-end awards of restricted stock to our executive officers, effective on December 12, 2008. Each award vests over five years, with one-third vesting on the third anniversary of the date of grant and the balance vesting on the fifth anniversary of grant.

We also increased the rates of salary for our executive officers for 2009 and awarded discretionary cash bonuses to our executive officers for 2008.

The 2009 salaries, and the discretionary cash bonuses and restricted stock awards for 2008 for our executive officers are as follows:

                                                               2008
                                                            Restricted
                                                 2008          Stock
                    Title       2009 Salary     Bonus          Award
Stephen G.       Chief         $     315,000   $ 80,000    30,000 shares
Daly             Executive
                 Officer
William W.       Chief               230,000     55,000    20,000 shares
Boecke           Financial
                 Officer
Norman G.        Vice                230,000     55,000    20,000 shares
Hildreth, Jr.    President,
                 Sales and
                 Marketing
Michael A.       Vice                210,000     30,000    20,000 shares
Olson            President,
                 Engineering
Brian J.         Vice                212,000     35,000    15,000 shares
Jablonski        President,
                 Operations