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(Amendment No. 1) 





Date of report (Date of earliest event reported): December 5, 2023



(Exact Name of Registrant as Specified in Charter)


Delaware   000-29823   74-2793174
(State or Other Jurisdiction   (Commission File Number)   (IRS Employer
of Incorporation)       Identification No.)


400 West Cesar Chavez, Austin, TX   78701
(Address of Principal Executive Offices)   (Zip Code)


Registrant’s telephone number, including area code: (512) 416-8500


Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):


¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)


¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)


¨ 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))


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, $0.0001 par value   SLAB   The NASDAQ Stock Market LLC


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


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 Securities Exchange Act of 1934. ¨







Explanatory Note


On December 11, 2023, Silicon Laboratories Inc. (“the Company”) filed a Current Report on Form 8-K (the “Original Report”) to report the promotion of Mark Mauldin to Interim Chief Financial Officer. As of the date of the Original Report, the terms of Mr. Mauldin’s compensation in connection with such promotion had not been determined. This Amendment No. 1 to the Original Report is being filed solely for the purpose of providing the terms of such compensation.


Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.


On December 5, 2023, John Hollister, the Chief Financial Officer and Senior Vice President of Silicon Laboratories Inc. (the “Company”), delivered his notice of resignation effective as of February 2, 2024. The Company appointed Mark Mauldin, the Company’s Chief Accounting Officer, to serve as the Company’s interim Chief Financial Officer beginning on February 2, 2024.


On January 25, 2024, the Compensation Committee of the Board of Directors of Silicon Laboratories approved the terms of compensation for Mr. Mauldin. The Committee approved the following incremental compensation for Mr. Mauldin in connection with his appointment as interim Chief Financial Officer: a cash bonus of $50,000 effective February 2, 2024, and a grant of restricted stock units effective as of February 15, 2024 with a grant date value of $500,000 (which shall vest in three equal annual installments contingent upon Mr. Mauldin’s continued service through each such date). Such compensation is in addition to his normal annual salary of $335,000, target bonus of 40% of his annual salary, and grant of restricted stock units effective as of May 15, 2024 with a grant date value of $500,000 (which shall vest in three equal annual installments contingent upon Mr. Mauldin’s continued service through each such date).


Item 9.01. Financial Statements and Exhibits


(d) Exhibits.


104       Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101)







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.


January 31, 2024   /s/ Néstor Ho
Date   Néstor Ho
    Vice President and
    Chief Legal Officer




Dec. 05, 2023
Cover [Abstract]  
Document Type 8-K/A
Amendment Flag false
Document Period End Date Dec. 05, 2023
Entity File Number 000-29823
Entity Central Index Key 0001038074
Entity Tax Identification Number 74-2793174
Entity Incorporation, State or Country Code DE
Entity Address, Address Line One 400 West Cesar Chavez
Entity Address, City or Town Austin
Entity Address, State or Province TX
Entity Address, Postal Zip Code 78701
City Area Code 512
Local Phone Number 416-8500
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Title of 12(b) Security Common Stock, $0.0001 par value
Trading Symbol SLAB
Security Exchange Name NASDAQ
Entity Emerging Growth Company false

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