8-K 1 d8k.htm FORM 8-K Form 8-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported): March 10, 2009

SIRF TECHNOLOGY HOLDINGS, INC.

(Exact name of registrant as specified in its charter)

 

Delaware   000-50669   77-0576030

(State or Other Jurisdiction

of Incorporation)

 

(Commission

File Number)

 

(I.R.S. Employer

Identification Number)

 

217 Devcon Drive

San Jose, California

  95112
(Address of principal executive offices)   (Zip Code)

(408) 467-0410

(Registrant’s telephone number, including area code)

N/A

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations 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))

 

 

 


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

On March 10, 2009, Mr. Diosdado P. Banatao, Executive Chairman and Interim Chief Executive Officer of SiRF Technology Holdings, Inc. (the “Company”), accepted a monthly salary of $30,000.

Prior to this time Mr. Banatao did not receive any compensation for his service as the Company’s Executive Chairman and Interim Chief Executive Officer, and Mr. Banatao has not received any compensation for his services to the Company, either in his capacity as an officer or a director, since accepting the roles of Executive Chairman and Interim Chief Executive Officer effective April 17, 2008.

Mr. Banatao’s monthly salary will be effective as of January 1, 2009 and was approved by the Compensation Committee of the Company’s Board of Directors, which is comprised solely of independent directors. This compensatory arrangement does not include any equity awards.

 

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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 hereunto duly authorized.

Dated: March 16, 2009

 

SIRF TECHNOLOGY HOLDINGS, INC.
By:   /s/ Dennis Bencala
  Dennis Bencala
  Chief Financial Officer

 

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