Silicon Labs completes conversion of $533.6M convertible notes, issues 919,897 shares

SILICON LABORATORIES INC.

Holders converted 99.74% of $533.6M principal outstanding of 0.625% convertible notes due 2025.
Company paid $533.6M cash and issued 919,897 shares of common stock to converting holders.
Remaining $1.4M principal of notes redeemed at par plus accrued interest; all notes now retired.
Conversion price was $121.98 per share; additional 0.4101 shares per $1,000 principal for early converters.
Share issuance exempt from registration under Section 3(a)(9) of Securities Act.

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