INPHI CORPORATION (NYSE:IPHI) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

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INPHI CORPORATION (NYSE:IPHI) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

On February 6, 2017, William Ruehle accepted an appointment as a Class II director of the Board of Directors (the “Board”) of Inphi Corporation (the “Company”). Mr. Ruehle’s appointment will be effective simultaneously with a corresponding increase in the authorized size of the Board from eight to nine directors on March 15, 2017. The Board previously approved Mr. Ruehle’s appointment to the Board and approved the increase in the size of the Board, in each case subject to Mr. Ruehle’s acceptance of his appointment. As a non-employee director of the Company, Mr. Ruehle will be entitled to the same cash and equity compensation paid by the Company to each of its non-employee directors, as described in the Company’s proxy statement for its 2016 Annual Meeting of Stockholders filed on April 26, 2016.

 

 
 
 

 

 


About INPHI CORPORATION (NYSE:IPHI)

Inphi Corporation is a provider of analog and mixed signal semiconductor solutions for the communications, datacenter and computing markets. The Company’s solutions provide an interface between analog signals and digital information in systems, such as telecommunications transport systems, enterprise networking equipment, datacenters and enterprise servers, test and measurement equipment and military systems. It operates in the segment of design, development and sale of high-speed analog connectivity components that operate to maintain and amplify signal integrity at high speeds in a range of applications. Its semiconductor solutions are designed to address bandwidth bottlenecks in networks and enable the rollout of communications, datacenter and computing infrastructures. It provides 10 gigabit (G) 10G/40G, 100G and beyond 100G high-speed analog semiconductor solutions for the communications market and high-speed memory interface solutions for the computing market.

INPHI CORPORATION (NYSE:IPHI) Recent Trading Information

INPHI CORPORATION (NYSE:IPHI) closed its last trading session down -0.96 at 47.75 with 798,420 shares trading hands.