RESONANT INC. (NASDAQ:RESN) 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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RESONANT INC. (NASDAQ:RESN) 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.

Compensation of Officers

On April9, 2018, the Compensation Committee (the “Compensation Committee”) of the Board of Directors of Resonant Inc. (the “Company”) unanimously approved increases in the annual base salary payable to Jeff Killian, the Company’s Chief Financial Officer, and Robert Hammond, the Company’s Chief Technology Officer, each of whom is a “named executive officer” of the Company, in the amounts set forth opposite their names below. Such increases will take effect retroactively as of February1, 2018.

Executive

OldAnnual BaseSalary

NewAnnual BaseSalary

Jeff Killian

$

276,070

$

305,000

Robert Hammond

$

255,836

$

263,961

Annual Long-Term Incentive Awards

The Compensation Committee awarded restricted stock units (“RSUs”) under the Resonant Inc. Amended and Restated 2014 Omnibus Incentive Plan to George Holmes, our Chief Executive Officer, and each of the other “named executive officers” of the Company in the amounts set forth opposite their names below. Such RSUs will vest in four equal annual installments on December1, 2018, 2019, 2020 and 2021, provided the recipient remains employed by the Company until the vesting date.

Executive

NumberofRSUs

George Holmes

96,053

Jeff Killian

40,132

Robert Hammond

34,732


About RESONANT INC. (NASDAQ:RESN)

Resonant Inc. is a late-stage development company. The Company creates filter designs for radio frequency (RF) front-ends for the mobile device industry. The RF front-end is the circuitry in a mobile device for analog signal processing and is located between the device’s antenna and its digital baseband. The Company uses a technology called Infinite Synthesized Networks (ISN) to configure and connect resonators, the building blocks of RF filters. The Company uses ISN to develop new classes of filter designs. The Company is also developing a series of single-band surface acoustic wave (SAW) filter designs for frequency bands. The Company is developing multiplexer filter designs for over two bands to address the carrier aggregation (CA) requirements of its customers. In addition, the Company is also developing reconfigurable filter designs to replace multiple filters for multiple bands. The Company is also involved in the development of a filter reconfigurable between three bands.