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): December 5, 2011
 
 
 
NetLogic Microsystems, Inc.
(Exact Name of Registrant as Specified in Charter)
 
 
         
Delaware
 
000-50838
 
77-0455244
(State or Other Jurisdiction
of Incorporation)
 
(Commission File Number)
 
(I.R.S. Employer
Identification Number)
 
3975 Freedom Circle, Santa Clara, CA 95054
(Address of Principal Executive Offices) (Zip Code)
 
Registrant’s telephone number, including area code: (408) 454-3000
 
 
 
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.
 
On December 5, 2011, Mr. Behrooz Abdi resigned as Executive Vice President and General Manager and an employee of NetLogic Microsystems, Inc. (the “Company”) effective December 9, 2011.
 
Mr. Abdi will receive the separation benefits set forth in his employment agreement with the Company, a copy of which was filed as Exhibit 10.22 to the Company’s Annual Report on Form 10-K for 2009, filed with the Securities and Exchange Commission on February 26, 2010.  In addition, the Compensation Committee has approved the payment of the 2011 target bonus for Mr. Abdi of $258,440 in connection with his execution of a separation agreement and release.

SIGNATURE

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.

     
 
NetLogic Microsystems, Inc.
     
Date: December 9, 2011
By: 
/s/ Mike Tate
   
 
Mike Tate
Vice President and Chief Financial Officer