-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, LctNhgWBZ8VuKxTVXi7yHIXqoqwV8y4+XDpQcfqWkWLQTBB9jeSiz447y37hdwwG QVTNClyV2zb6bzCXKpfCJQ== 0001144204-07-013409.txt : 20070319 0001144204-07-013409.hdr.sgml : 20070319 20070319140113 ACCESSION NUMBER: 0001144204-07-013409 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20070111 ITEM INFORMATION: Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers FILED AS OF DATE: 20070319 DATE AS OF CHANGE: 20070319 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DIODES INC /DEL/ CENTRAL INDEX KEY: 0000029002 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] IRS NUMBER: 952039518 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 002-25577 FILM NUMBER: 07702816 BUSINESS ADDRESS: STREET 1: 3050 E HILLCREST DR CITY: WESTLAKE VILLAGE STATE: CA ZIP: 91362 BUSINESS PHONE: 8054464800 MAIL ADDRESS: STREET 1: 3050 E HILLCREST DR SUITE 200 STREET 2: 3050 E HILLCREST DR SUITE 200 CITY: WESTLAKE VILLAGE STATE: CA ZIP: 913623154 8-K 1 v068867_8k.htm Unassociated Document
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 11, 2007
 
DIODES INCORPORATED
(Exact name of registrant as specified in its charter)
 
Delaware
(State or other jurisdiction
of incorporation or organization)
1-5740
(Commission File Number)
95-2039518
(I.R.S. Employer Identification No.)
   
3050 East Hillcrest Drive
Westlake Village, California
(Address of principal executive offices)
91362
(Zip Code)
 
(805) 446-4800
(Registrant's telephone number, including area code)
 
 
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; Appointment of Principal Officers; Compensatory Arrangements of Certain Officers.
 
Executive Bonuses
 
Pursuant to the 2001 Omnibus Equity Incentive Plan, certain executive officers may earn a cash bonus if this Company meets the performance criteria set by the Compensation Committee of the Board of Directors (the “Committee”) at the beginning of the year. For each of fiscal 2006 and 2007, the aggregate amount of the executive bonus pool depends upon the amount by which (i) the Company’s revenue growth exceeds that of the Company’s industry and (ii) the Company’s net income exceeds that of the prior year. After the end of the fiscal year, the Committee allocates the bonus pool among the executive officers in proportion to the contribution made by each officer to the achievement of the performance criteria.
 
The Committee has awarded the following bonuses to executive officers for services rendered in fiscal 2006:
 

Name
  
Amount
  
         
Keh-Shew Lu - President and CEO
  
$
827,000
  
         
Joseph Liu - SVP, Operations
    
416,000
  
         
Mark King - SVP, Sales and Marketing
    
387,000
  
         
Carl Wertz - CFO, Secretary & Treasurer
    
283,000
  
         
Steven Ho - VP, Asia Sales
    
230,000
  
 
In addition, the Committee has awarded discretionary bonuses for services rendered in 2006 to the following executive officers who were employed by the Company after the performance criteria for 2006 were established:
 

Name
  
Amount
  
       
Francis Tang - VP, Product Development
  
$
270,000
  
         
Rick White - SVP, Finance
    
140,000
  
         
Ed Tang - VP, Corporate Administration
    
75,000
  

 


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 thereunto duly authorized.
 
 
DIODES INCORPORATED
   
Date: March 16, 2007
By  /s/ Carl C. Wertz    
 
Carl C. Wertz,
Chief Financial Officer

 
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