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Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading Symbol(s)
Name of each exchange on which registered
Common Stock, Without Par Value
KLIC
The Nasdaq Global Market
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On March 3, 2021, the Board of Directors (the “Board”) of Kulicke and Soffa Industries, Inc. (the “Company”) elected Jon A. Olson to the Board, effective March 4, 2021. Mr. Olson was also appointed to serve on the Audit Committee of the Board.
In connection with his appointment as a director, Mr. Olson will receive compensation in accordance with policies and procedures previously approved by the Board for non-employee directors of the Company as more fully described under the heading “Director Compensation for Fiscal 2020” in the Company’s Proxy Statement on Schedule 14A relating to the 2021 Annual Meeting of Stockholders, filed with the Securities and Exchange Commission on January 13, 2021.
There are no transactions in which Mr. Olson had or will have a direct or indirect material interest that would require disclosure under Item 404(a) of Regulation S-K, and there are no arrangements or understandings between Mr. Olson and any other persons pursuant to which he was selected as a director.
A copy of the Company’s press release announcing Mr. Olson’s election is attached hereto as Exhibit 99.1.
Item 9.01
Financial Statements and Exhibits.
(d)
Exhibits.
Exhibit No.
Description
99.1
Press Release dated March 5, 2021
104
Inline XBRL for the cover page of this Current Report on Form 8-K
SIGNATURE
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 hereunto duly authorized.
