0001104659-15-005048.txt : 20150128 0001104659-15-005048.hdr.sgml : 20150128 20150128162150 ACCESSION NUMBER: 0001104659-15-005048 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20150127 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers FILED AS OF DATE: 20150128 DATE AS OF CHANGE: 20150128 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Mellanox Technologies, Ltd. CENTRAL INDEX KEY: 0001356104 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] IRS NUMBER: 980233400 STATE OF INCORPORATION: L3 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-33299 FILM NUMBER: 15555129 BUSINESS ADDRESS: STREET 1: 350 OAKMEAD PARKWAY, SUITE 100 CITY: SUNNYVALE STATE: CA ZIP: 94085 BUSINESS PHONE: 408-970-3400 MAIL ADDRESS: STREET 1: 350 OAKMEAD PARKWAY, SUITE 100 CITY: SUNNYVALE STATE: CA ZIP: 94085 8-K 1 a15-3260_28k.htm 8-K

 

 

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):  January 27, 2015

 

 

Mellanox Technologies, Ltd.

(Exact name of Registrant as Specified in its Charter)

 

Israel

 

001-33299

 

98-0233400

(State or other jurisdiction
of incorporation)

 

(Commission

File Number)

 

(I.R.S. Employer
Identification No.)

 

Beit Mellanox

Yokneam, Israel 20692

(Address of Principal Executive Offices)

 

+972-4-909-7200

(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:

 

o      Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o      Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o      Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o      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 Principal Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

(e)           On January 27, 2015 the Board of Directors of Mellanox Technologies, Ltd. (the “Company”) pursuant to the approval and recommendation of the Compensation Committee of the Board of Directors of the Company on January 26, 2015, approved the following increases in the base salaries of the following named executive officers of the Company (as identified in the Company’s definitive proxy statement filed with the Securities and Exchange Commission on April 16, 2014), to be effective as of January 1, 2015:

 

Name

 

Title

 

2014 Annualized
Base Salary
(adjusted per
exchange rate)

 

2015 Base Salary

 

% Increase

 

Jacob Shulman

 

Chief Financial Officer

 

$

250,000

 

$

275,000

 

10.00

%

Marc Sultzbaugh

 

Senior Vice President of Worldwide Sales

 

$

273,000

 

$

300,000

 

9.89

%

Roni Ashuri

 

Senior Vice President of Engineering

 

$

199,645

 

$

212,970

 

6.67

%

Shai Cohen

 

Chief Operating Officer

 

$

208,324

 

$

221,650

 

6.40

%

 

The salaries reported for Messrs. Cohen and Ashuri are converted from New Israeli Shekels (“NIS”) to U.S. dollars based on an exchange rate of 3.94 NIS to 1 U.S. dollar.

 

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SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.

 

 

Date: January 28, 2015

MELLANOX TECHNOLOGIES, LTD.

 

 

 

By:

/s/ Jacob Shulman

 

Name:

Jacob Shulman

 

Title:

Chief Financial Officer

 

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