QuickLogic Corporation (NASDAQ:QUIK) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

ME Staff 8-k
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QuickLogic Corporation (NASDAQ:QUIK) 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 15, 2017, QuickLogic Corporation (the Company)
announced that Ms. Suping (Sue) Cheung has been named Chief
Financial Officer of the Company, effective February 14, 2017.
Ms. Cheung, 53, has held numerous financial positions with the
Company since 2007. She has most recently served as Vice
President of Finance and Chief Accounting Officer of the Company.
Prior to joining the Company, Ms. Cheung held numerous senior
accounting and financial management roles in both publicly traded
and privately held companies.
Proposed compensation arrangements for Ms. Cheung are being
reviewed by the Compensation Committee of the Board of Directors.
There are no arrangements or understandings between Ms. Cheung
and any other persons to which she was selected as Chief
Financial Officer. There are no family relationships between Ms.
Cheung and any director or executive officer of the Company, and
Ms. Cheung has no direct or indirect material interest in any
transaction required to be disclosed to Item 404(a) of Regulation
S-K.
Item 7.01 Regulation FD Disclosure
On February 15, 2017, the Company issued a press release
announcing that the Company named Ms. Cheung as Chief Financial
Officer. A copy of the press release is furnished as Exhibit 99.1
to this report.
None of the information furnished in Item 7.01 or Exhibit 99.1
hereto shall be deemed to be filed for purposes of Section 18 of
the Securities Exchange Act of 1934, as amended. Unless expressly
set forth by specific reference in such filings, none of the
information furnished in this report shall be incorporated by
reference in any filing under the Securities Act of 1933, as
amended, whether made before or after the date hereof and
regardless of any general incorporation language in such filings.
Section 9 Financial Statements and Exhibits
Item 9.01(d) Exhibits.
The following exhibit is furnished as a part of this report:
99.1
Press release of QuickLogic Corporation, dated February
15, 2017, announcing the promotion of Suping (Sue)
Cheung as Chief Financial Officer.


About QuickLogic Corporation (NASDAQ:QUIK)

QuickLogic Corporation develops and markets semiconductor and software algorithm solutions. The Company’s solutions primarily target smartphones, wearable devices, tablets, and the Internet-of-Things (IoT). The Company is a fabless semiconductor provider of flexible sensor processing solutions, ultra-low power display bridges, and ultra-low power Field Programmable Gate Arrays (FPGAs). The Company’s solutions integrate multi-core processing, programmable logic, sensor fusion and context aware algorithms, and embedded software. The Company’s solutions are created from its new silicon platforms, including EOS, ArcticLink III, PolarPro 3, PolarPro II, PolarPro, and Eclipse II products, its mature products, which are produced on semiconductor processes over 180 nanometers, primarily include its pASIC 3 and QuickRAM, as well as royalty revenue, programming hardware and design software. Its sensor algorithm software includes SenseMe software library.

QuickLogic Corporation (NASDAQ:QUIK) Recent Trading Information

QuickLogic Corporation (NASDAQ:QUIK) closed its last trading session up +0.09 at 1.67 with 262,819 shares trading hands.