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):

 

April 1, 2016 

 

 

 

ATMEL CORPORATION

(Exact name of registrant as specified in its charter) 

 

 

 

Delaware   0-19032   77-0051991

(State or other jurisdiction
of

incorporation)

  (Commission File Number)  

(IRS Employer

Identification No.)

 

1600 Technology Drive

San Jose, CA 95110

(Address of principal executive offices, including zip code)

 

(408) 441-0311

(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 5.07     Submission of Matters to a Vote of Security Holders.

 

On April 1, 2016, Atmel Corporation (“Atmel”) held a special meeting of stockholders to consider and vote on (1) a proposal to adopt the Agreement and Plan of Merger, dated as of January 19, 2016 (the “Merger Agreement”), among Atmel, Microchip Technology Incorporated, a Delaware corporation (“Microchip”), and Hero Acquisition Corporation, a Delaware corporation and an indirect wholly owned subsidiary of Microchip (“Merger Sub”), pursuant to which Merger Sub would be merged with and into Atmel with Atmel surviving as an indirect wholly owned subsidiary of Microchip (the “Merger”); (2) a proposal to approve, on a non-binding, advisory basis, the compensation payments that will or may be made to Atmel’s named executive officers in connection with the Merger; and (3) a proposal to adjourn the special meeting, if necessary or appropriate, to solicit additional proxies if there were insufficient votes at the time of the special meeting to adopt the Merger Agreement.

 

As of February 23, 2016, which was the record date for the special meeting, 423,290,513 shares of Atmel’s common stock were issued and outstanding.  A quorum was present at the special meeting.

 

The proposals were approved by Atmel’s stockholders.  The results of the votes on the proposals were:

 

Voting Results for Special Meeting

 

Vote Item   For   Against   Abstain   Broker
Non-Votes
1. Adoption of the Agreement and Plan of Merger   322,017,173   4,136,488   388,242  
                 
Vote Item   For   Against   Abstain   Broker
Non-Votes
2. Approval of the proposal to approve, on a non-binding, advisory basis, the compensation payments that will or may be made to Atmel’s named executive officers in connection with the Merger   316,551,645   9,112,869   877,389  
                 
Vote Item   For   Against   Abstain   Broker
Non-Votes
3. Approval of the proposal to adjourn the special meeting and solicit additional proxies if necessary or appropriate   300,900,373   24,865,258   776,272  

 

Adjournment of the meeting was not necessary or appropriate because there were sufficient votes at the time of the special meeting to adopt the Merger Agreement.

 

 

 

 

SIGNATURES

 

Pursuant to the requirement 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: April 1, 2016 ATMEL CORPORATION
     
  By: /s/ Steve Skaggs
  Steve Skaggs
  Senior Vice President and Chief Financial Officer
     
     

  

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