UNITED STATES
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): July 5, 2011
NEOPHOTONICS CORPORATION
(Exact name of registrant as specified in its charter)
DELAWARE | 001-35061 | 94-3253730 | ||
(State of incorporation) | (Commission File No.) |
(IRS Employer Identification No.) |
NeoPhotonics Corporation
2911 Zanker Road
San Jose, California 95134
(Address of principal executive offices and zip code)
Registrants telephone number, including area code: (408) 232-9200
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
(b) Departure of Directors.
On July 1, 2011, T. Peter Thomas resigned as a Director of NeoPhotonics Corporation effective on July 1, 2011.
ITEM 8.01 | OTHER EVENTS |
On June 23, 2011, the Compensation Committee of the Board of Directors (the Committee) of NeoPhotonics Corporation (the Company) approved an increase to the annual base salaries, effective May 16, 2011, for the following named executive officers of the Company:
Named Executive Officer |
Base Salary Effective May 16, 2011 |
|||
Timothy S. Jenks, President and Chief Executive Officer |
$ | 337,920 | ||
Dr. Raymond Cheung, Vice President and Chief Operating Officer |
$ | 299,605 | ||
James D. Fay, Vice President and Chief Financial Officer |
$ | 291,840 | ||
Benjamin L. Sitler, Vice President of Global Sales |
$ | 231,424 | ||
Dr. Wupen Yuen, Vice President of Product Development and Engineering |
$ | 220,160 |
Approval of Compensation Arrangements for Chief Executive Officer
The Committee approved the following compensation arrangement for Mr. Timothy S. Jenks, the Companys President and Chief Executive Officer: a bonus of $25,000 payable in cash for services performed.
Approval of Compensation Arrangements for Chief Financial Officer
The Committee approved the following compensation arrangement for Mr. James D. Fay, the Companys Vice President and Chief Financial Officer: a bonus of $12,500 payable in cash for services performed.
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.
Date: July 5, 2011 | NEOPHOTONICS CORPORATION | |||||
By: | /s/ James D. Fay | |||||
James D. Fay | ||||||
Vice President and Chief Financial Officer |