Search the web
Welcome, Guest
[Sign Out, My Account]
EDGAR_Online

Quotes & Info
Enter Symbol(s):
e.g. YHOO, ^DJI
Symbol Lookup | Financial Search
TQNT > SEC Filings for TQNT > Form 8-K on 8-Aug-2012All Recent SEC Filings

Show all filings for TRIQUINT SEMICONDUCTOR INC | Request a Trial to NEW EDGAR Online Pro

Form 8-K for TRIQUINT SEMICONDUCTOR INC


8-Aug-2012

Change in Directors or Principal Officers


Item 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS.

(d) On August 8, 2012, the Board of Directors of TriQuint Semiconductor Inc. ("TriQuint" or the "Company") increased the size of the Board of Directors of the Company (the "Board") from seven to eight members and appointed Mr. Roderick Nelson to serve as a non-employee member of the Board for a term expiring at the 2013 annual meeting of stockholders. The Board also appointed Mr. Nelson to the Nominating and Governance Committee of the Board.

In connection with his appointment to the Board and in accordance with TriQuint's Automatic Stock Option Grant Program for Eligible Directors, Mr. Nelson has been granted options under the Company's 2012 Incentive Plan to purchase up to 63,175 shares of the Company's common stock at a per share exercise price of $5.70, the closing price of the Company's common stock on August 8, 2012. Pursuant to the grant, the options have a term of ten years and vest at a rate of 28% on the first anniversary of the grant date and 2% per month thereafter. Upon retirement, all unvested options would vest immediately. Mr. Nelson will participate in the standard compensation plan for non-employee directors, including a pro rata portion of the $35,000 annual retainer and reimbursement for out-of-pocket expenses incurred in connection with his attendance at Board meetings, as described in the Company's proxy statement filed with the Securities and Exchange Commission.

Item 9.01   FINANCIAL STATEMENTS AND EXHIBITS

(d) Exhibits

Exhibit No.   Description

99.1          Press Release of TriQuint Semiconductor, Inc. dated August 8, 2012


  Add TQNT to Portfolio     Set Alert         Email to a Friend  
Get SEC Filings for Another Symbol: Symbol Lookup
Quotes & Info for TQNT - All Recent SEC Filings
Sign Up for a Free Trial to the NEW EDGAR Online Pro
Detailed SEC, Financial, Ownership and Offering Data on over 12,000 U.S. Public Companies.
Actionable and easy-to-use with searching, alerting, downloading and more.
Request a Trial      Sign Up Now


Copyright © 2013 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service
SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Yahoo! nor any of independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. By accessing the Yahoo! site, you agree not to redistribute the information found therein.