LEDS [SemiLEDs] 8-K: Item 5 .0 2 . Departure of Directors

Ticker: LEDS, Company: SemiLEDs Corp, Type: 8-K, Date: 2019-09-06
Original SEC Filing: Click here


Webplus: LEDS/20190906/8-K_1/1/000.htm SEC Original: leds-8k_20190904.htm
Item 5 .0 2 . Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On September 5, 2019, the Company’s Board of Directors appointed Roger Lee as a director of the Company effective immediately, for a term expiring at the next annual meeting of shareholders or until such directors’ successor shall



8-K 1 leds-8k_20190904.htm 8-K

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))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.


Item5.02.Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On September 5, 2019, the Company’s Board of Directors appointed Roger Lee as a director of the Company effective immediately, for a term expiring at the next annual meeting of shareholders or until such directors’ successor shall have been duly elected an qualified, or earlier removal, or resignation. Mr. Lee has also been appointed to the Audit Committee.

Mr. Lee previously served as a director and an Audit Committee member of the Company from August 2017 to March 2019. On March 17, 2019, Mr. Lee resigned due to personal reason.

Mr. Lee will received a restricted stock unit award for 2,500 shares and be entitled to the director compensation disclosed in our most recent proxy statement on Schedule 14A filed on June 18, 2019.

Mr. Lee has more than 30 years of semiconductor experience and leadership. He has been the President and CEO of TF Semiconductor Solutions (TFSS) since August 2014. Prior to becoming the CEO of TFSS, Mr. Lee served as world-wide COO and Interim President & CEO of Telefunken Semiconductors located in Roseville, California and Heilbronn, Germany from May 2011 to July 2014. Mr. Lee began his career as an engineer for Texas Instruments. During his career, Mr. Lee has served on numerous boards and held a variety of executive and senior-level positions for several companies, including senior vice president of SMIC. Previously, he co-founded the SMIC-Toppan JV (TSES) where he served as its vice chairman of its Board of Directors, and had held several senior management positions, including senior fellow and head of flash memory at Micron Technology and was instrumental to the development of Micron’s flash memory program. More recently, he was COO and a board member of Founder Microelectronics, Inc. in Shenzhen, China where he was responsible for overall company operations, including fab manufacturing, sales and marketing, facilities, and R&D operations. Mr. Lee earned his Bachelor’s degree and Master’s degree in Electrical Engineering from Iowa State University.

With the appointment of Mr. Lee to the Audit Committee, the Company’s Audit Committee once again meets the requirements of Nasdaq Listing Rule 5605(c)(2)(A), being comprised of at least three independent members.

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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 thereunto duly authorized.

Date: September 6, 2019

SemiLEDs Corporation

By:

/s/ Christopher Lee

Name:

Christopher Lee

Title:

Chief Financial Officer

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Company Info:

Ticker: LEDS, Company: SemiLEDs Corp, Type: 8-K, Date: 2019-09-06CIK: 0001333822, Location: F5, SIC: 3674, SIC Desc: SEMICONDUCTORS & RELATED DEVICES
Business Phone & Address:
3F, NO. 11 KE JUNG RD., CHU-NAN SITE, HSINCHU SCIENCE PARK, MIAO-LI COUNTY
CHU-NAN, F5 350

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