Form 8-K Mellanox Technologies, For: Jan 27

January 28, 2015 4:22 PM EST

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):� January�27, 2015


Mellanox Technologies,�Ltd.

(Exact name of Registrant as Specified in its Charter)

Israel

001-33299

98-0233400

(State or other jurisdiction
of incorporation)

(Commission

File Number)

(I.R.S. Employer
Identification No.)

Beit Mellanox

Yokneam,�Israel 20692

(Address of Principal Executive Offices)

+972-4-909-7200

(Registrant�s telephone number, including area code)

Not Applicable

(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 obligation of the registrant under any of the following provisions:

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

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

o����� Pre-commencement communications pursuant to Rule�14d-2(b)�under the Exchange Act (17 CFR 240.14d-2(b))

o����� 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 Principal Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(e)���������� On January�27, 2015 the Board of Directors of Mellanox Technologies,�Ltd. (the �Company�) pursuant to the approval and recommendation of the Compensation Committee of the Board of Directors of the Company on January�26, 2015, approved the following increases in the base salaries of the following named executive officers of the Company (as identified in the Company�s definitive proxy statement filed with the Securities and Exchange Commission on April�16, 2014), to be effective as of January�1, 2015:

Name

Title

2014�Annualized
Base�Salary
(adjusted�per
exchange�rate)

2015�Base�Salary

%�Increase

Jacob Shulman

Chief Financial Officer

$

250,000

$

275,000

10.00

%

Marc Sultzbaugh

Senior Vice President of Worldwide Sales

$

273,000

$

300,000

9.89

%

Roni Ashuri

Senior Vice President of Engineering

$

199,645

$

212,970

6.67

%

Shai Cohen

Chief Operating Officer

$

208,324

$

221,650

6.40

%

The salaries reported for Messrs.�Cohen and Ashuri are converted from New Israeli Shekels (�NIS�) to U.S. dollars based on an exchange rate of 3.94 NIS to 1 U.S. dollar.

2



SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.

Date: January�28, 2015

MELLANOX TECHNOLOGIES,�LTD.

By:

/s/ Jacob Shulman

Name:

Jacob Shulman

Title:

Chief Financial Officer

3




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