Attached files
| file | filename |
|---|---|
| 8-K - LIVE FILING - VOLTERRA SEMICONDUCTOR CORP | htm_36024.htm |
| EX-10.3 - EX-10.3 - VOLTERRA SEMICONDUCTOR CORP | exhibit3.htm |
| EX-10.2 - EX-10.2 - VOLTERRA SEMICONDUCTOR CORP | exhibit2.htm |
2010 Executive Officer Compensation
On January 22, 2010, the Compensation Committee of the Board of Directors of Volterra Semiconductor Corporation (the “Company”) approved certain compensation matters for (i) its directors and (ii) executive officers for whom disclosure was required in the registrant’s most recent filing with the Commission under the Securities Act or Exchange Act that required disclosure pursuant to Item 402(c) of Regulation S-K (the “Officers”).
For 2010, the Compensation Committee did not change base salaries for the Officers, as previously disclosed by the Company in its Form 8-K filings. The Compensation Committee approved the following bonuses under the Company’s Management Bonus Plan for the Officers for 2009 performance:
| Name and Title | 2009 Bonus | |||
Jeff Staszak President and Chief Executive Officer |
$346,015 |
|||
Mike Burns Vice President, Finance and Chief Financial Officer |
$143,798 |
|||
David Lidsky Vice President, Design Engineering |
$100,000 |
|||
Bill Numann Vice President, Marketing |
$126,722 |
|||
Craig Teuscher Vice President, Sales and Applications Engineering |
$143,798 |
2010 Non-Employee Director Compensation
On January 22, 2010, the Board of Directors of Volterra Semiconductor Corporation (the “Company”), upon the recommendation of the Compensation Committee, revised the cash compensation of the non-employee directors as follows:
Annual cash retainer for service as:
Chairman of the Board of Directors: |
$ | 10,000 | ||
Member of Board of Directors:* |
$ | 25,000 | ||
Member of Audit Committee: * |
$ | 7,000 | ||
Member of Compensation Committee: * |
$ | 3,500 | ||
Member of Nominating and Governance Committee:* |
$ | 2,500 | ||
Audit Committee Chair:* |
$ | 15,000 | ||
Compensation Committee Chair:* |
$ | 7,000 | ||
Nominating and Governance Committee Chair:* |
$ | 5,000 |
*represents no change from previously approved compensation