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):  January 1, 2014

 

HITTITE MICROWAVE CORPORATION

(Exact Name of Registrant as Specified in Charter)

 

Delaware

 

000-51448

 

04-2854672

(State or other jurisdiction
of incorporation)

 

(Commission
File Number)

 

(IRS Employer
Identification Number)

 

2 Elizabeth Drive, Chelmsford, Massachusetts 01824

(Address of principal executive offices) (Zip Code)

 

(978) 250-3343

(Registrant’s telephone number, including area code)

 

 

(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.

 

The Compensation Committee of our Board of Directors has authorized increases in the rates of salary for our executive officers, effective January 1, 2014. These included salary increases that were awarded to our principal executive officer, our principal financial officer and to one other officer who was identified as a “named executive officer” in our definitive proxy statement for our 2013 annual meeting of stockholders, as follows:

 

Name

 

Title

 

2013
Salary

 

2014
Salary

 

Rick D. Hess

 

Chief Executive Officer

 

$

420,000

 

$

441,000

 

William W. Boecke

 

Chief Financial Officer

 

300,000

 

309,000

 

William D. Hannabach

 

Vice President of Global Operations

 

255,000

 

267,800

 

 

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 thereunto duly authorized.

 

 

HITTITE MICROWAVE CORPORATION

 

 

 

 

 

By:

/s/ Rick D. Hess

 

 

Rick D. Hess

 

 

Chief Executive Officer

 

 

Date: January 7, 2014

 

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