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): July 19, 2011
RAMTRON INTERNATIONAL CORPORATION
(Exact name of registrant as specified in its charter)
1850 Ramtron Drive, Colorado Springs, CO | 80921 | |||
(Address of principal executive offices) | (Zip Code) | |||
Delaware | 0-17739 | 84-0962308 | ||
(State or other jurisdiction of incorporation or organization) |
(Commission File Number) |
(I.R.S. Employer Identification No.) |
Registrants telephone number, including area code: (719) 481-7000
(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 obligations of the registrant under any of the following provisions:
¨ | 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 (17CFR 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. |
(e) On July 19, 2011, The Compensation Committee of the Board of Directors of Ramtron International Corporation (the Company) approved an increase in the annual base salary for the Companys President and Chief Executive Officer, Eric A. Balzer, to $385,000. Mr. Balzer became the Companys CEO on January 24, 2011, after serving as the Companys Chief Financial Officer since October 2004. Mr. Balzer did not receive a salary increase at that time and continued to perform the duties of both the CEO and CFO until a new CFO was appointed in April 2011. Mr. Balzers new salary is effective retroactive to July 1, 2011.
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.
RAMTRON INTERNATIONAL CORPORATION
/s/ Mark R. Kent |
Mark R. Kent Chief Financial Officer (Principal Financial Officer and Duly Authorized Officer of the Registrant) |
Dated: July 22, 2011