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): November 11, 2011
TRIDENT MICROSYSTEMS, INC.
(Exact name of registrant as specified in its charter)
0-20784
(Commission File Number)
| Delaware | 77-0156584 | |
| (State or other jurisdiction of incorporation) |
(I.R.S. Employer Identification No.) |
1170 Kifer Road
Sunnyvale, California 94086
(Address of principal executive offices, with zip code)
(408) 962-5000
(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 (see General Instruction A.2. below):
| ¨ | 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 (17 CFR 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.
(b), (e)
On November 11, 2011, Trident Microsystems, Inc. (the “Company”) and Mr. Richard Janney, the Company’s Vice President and Corporate Controller and Chief Accounting Officer, entered into an agreement entitled General Release of Claims in consideration of certain benefits provided pursuant to the terms of the Trident Microsystems, Inc. Amended and Restated Executive Retention and Severance Plan. Mr. Janney’s termination was effectuated in connection with the Company’s planned reduction in workforce as announced by the Company on September 26, 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.
| Date: November 17, 2011 |
| TRIDENT MICROSYSTEMS, INC. |
| /s/ David L. Teichmann |
| David L. Teichmann |
| Executive Vice President, |
| General Counsel & Corporate Secretary |