8-K 1 f55948e8vk.htm FORM 8-K e8vk
 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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):

May 19, 2010
 
ATMEL CORPORATION
(Exact name of registrant as specified in its charter)
         
Delaware   0-19032   77-0051991
         
(State or other jurisdiction of
incorporation)
  (Commission File Number)   (IRS Employer
Identification No.)
2325 Orchard Parkway
San Jose, CA 95131

(Address of principal executive offices, including zip code)
(408) 441-0311
(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 (see General Instruction A.2. below):
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 Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Approval of the 2010 Employee Stock Purchase Plan and Reservation of Shares
At the Annual Meeting of Stockholders of Atmel Corporation (“Atmel” or the “Company”) held on May 19, 2010 (the “Annual Meeting”), the stockholders of Atmel voted on and approved the Atmel 2010 Employee Stock Purchase Plan (the “2010 ESPP”) and the reservation of 25,000,000 shares of common stock for issuance thereunder.
The terms and conditions of the 2010 ESPP are described in Atmel’s Proxy Statement dated April 7, 2010. The 2010 ESPP is filed as Exhibit 10.1 hereto, and is incorporated by reference herein.
Appointment of Executive Vice President and Chief Operating Officer
On May 19, 2010, the Board of Directors appointed Walt Lifsey, currently Executive Vice President, Operations, to the position of Executive Vice President and Chief Operating Officer, effective May 19, 2010. Mr. Lifsey, 51, will serve as the Company’s principal operating officer. Mr. Lifsey has served as Executive Vice President, Operations since February 2008 and was Senior Vice President, Operations of Atmel from December 2006 to February 2008. Prior to joining Atmel, Mr. Lifsey was Executive Vice President of Operations of International Rectifier Corporation, a semiconductor company, from April 2002 to December 2006. Prior to International Rectifier, Mr. Lifsey was Director of Global Marketing and Planning for AMP Inc., a semiconductor company, and held Operational and Financial Management positions at TRW Corporation. Mr. Lifsey holds a degree from the University of Nevada, Las Vegas (B.A.).
Mr. Lifsey has no family relationships with any director, executive officer, or person nominated or chosen by Atmel to become a director or executive officer of Atmel. Mr. Lifsey is not a party to any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K.
Item 5.07. Submission of Matters to a Vote of Security Holders.
The information contained in Item 5.02 above is hereby incorporated by reference. At the Annual Meeting, proxies representing 422,097,265 shares of common stock or approximately 91.89% of the total outstanding shares were present. The table below presents the voting results of the election of the Company’s Board of Directors:
                                 
Nominee   Votes For   Votes Against   Abstentions   Broker Non-Votes
Steven Laub
    349,570,808       15,232,154       1,229,454       56,064,849  
Tsung-Ching Wu
    349,468,744       15,330,831       1,232,841       56,064,849  
David Sugishita
    308,844,226       56,817,317       370,873       56,064,849  
Papken Der Torossian
    309,140,091       55,999,011       893,314       56,064,849  
Jack L. Saltich
    301,464,927       63,672,839       894,650       56,064,849  
Charles Carinalli
    309,219,384       55,921,312       891,720       56,064,849  
Dr. Edward Ross
    351,513,555       13,641,361       877,500       56,064,849  
In addition, the stockholders approved the 2010 ESPP and the reservation of 25,000,000 shares of common stock for issuance thereunder. The proposal received 345,816,827 votes for, 18,179,559 votes against, 2,036,030 abstentions, and 56,064,849 broker non-votes.
The stockholders ratified the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm of the Company for the fiscal year 2010. The proposal received 412,142,913 votes for, 8,646,666 votes against, 1,307,686 abstentions, and no broker non-votes.

 


 

Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
     
Exhibit No.   Description
 
   
10.1
  Atmel Corporation 2010 Employee Stock Purchase Plan

 


 

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.
         
    ATMEL CORPORATION
 
 
   Date: May 25, 2010  By:   /s/ Stephen Cumming    
    Stephen Cumming   
    Vice President Finance and Chief Financial Officer   

 


 

         
EXHIBIT INDEX
     
Exhibit No.   Description
 
   
10.1
  Atmel Corporation 2010 Employee Stock Purchase Plan