Form 8_K 5_19_2014


 
 
 
 
 




UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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): May 19, 2014
______________
Power Integrations, Inc.
(Exact name of Registrant as specified in its charter)
______________
Delaware
000-23441
94-3065014
(State or other jurisdiction
(Commission
(IRS Employer
of incorporation)
File Number)
Identification No.)
 
 
5245 Hellyer Avenue
San Jose, California 95138-1002
(Address of principal executive offices)

(408) 414-9200
(Registrant’s telephone number, including area code)
______________

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))


 
 
 
 
 
    






Item 5.07.     Submission of Matters to a Vote of Security Holders
Power Integrations, Inc. held its Annual Meeting of Stockholders on May 19, 2014. The following is a brief description of each matter voted upon at the Annual Meeting, as well as the final tally of the number of votes cast for or against each matter, and the number of abstentions and broker non-votes with respect to each matter.
1. Power Integrations’ stockholders elected each of the directors proposed by Power Integrations for re-election, to serve until Power Integrations’ 2015 Annual Meeting of Stockholders or until his respective successor has been elected and qualified. The tabulation of votes on this matter was as follows:
Nominee
 
Shares
Voted For
 
Shares
Withheld
Balu Balakrishnan
 
27,808,898

 
171,828

Alan D. Bickell
 
27,679,250

 
301,476

Nicholas E. Brathwaite
 
27,792,107

 
188,619

William L. George
 
27,861,293

 
119,433

Balakrishnan S. Iyer
 
27,727,308

 
253,418

E. Floyd Kvamme
 
27,135,692

 
845,034

Steven J. Sharp
 
27,808,687

 
172,039


There were 1,329,049 broker non-votes for this proposal.
                
2. Power Integrations’ stockholders approved, on an advisory basis, a resolution approving the compensation of Power Integrations’ named executive officers, as disclosed in Power Integrations’ proxy statement. The tabulation of votes on this matter was as follows:
    
Shares voted for:
 
26,791,859

Shares voted against:
 
1,140,812

Shares abstaining:
 
48,055

Broker non-votes
 
1,329,049


3. Power Integrations’ stockholders ratified the selection of Deloitte & Touche LLP as the independent registered public accounting firm of Power Integrations for its fiscal year ending December 31, 2014. The tabulation of votes on this matter was as follows:

    
Shares voted for:
 
28,943,273

Shares voted against:
 
306,525

Shares abstaining:
 
59,977

Broker non-votes
 
0

    






SIGNATURES
 
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.
 
 
Power Integrations, Inc.
 
 
 
 
By:
 /s/ Sandeep Nayyar
 
 
 
Name:
Sandeep Nayyar
 
 
Title:
Chief Financial Officer
 
 
 
 
 
 Dated:  May 21, 2014