secwatch.observer — SEC 8-K summary
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Issuer:     ALPHA & OMEGA SEMICONDUCTOR Ltd (AOSL)
CIK:        0001387467
Form:       8-K
Filed at:   2022-02-28T23:59:59+00:00
Accession:  0001387467-22-000019
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Alpha and Omega Semiconductor boosts executive salaries and sets 2022 bonus plan with targets up to 220% of base
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- Salaries effective July 1, 2022: CEO Mike Chang from $467,352 to $490,000; President Stephen Chang from $351,000 to $440,000.
- CFO Yifan Liang from $351,000 to $370,000; COO Wenjun Li from $325,000 to $342,000; EVP Bing Xue from $327,000 to $350,000.
- 2022 incentive bonus tied to non-GAAP EPS and revenue; CEO target 100% of base (max 220%), other execs target 70-80% (max 143-176%).
- Bonus payable by March 17, 2023 in cash, common shares, or combination; requires continued service through payment date.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1387467/000138746722000019/0001387467-22-000019-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1387467/000138746722000019/aosl-20220224.htm
  HTML page:      https://secwatch.observer/filing/0001387467-22-000019

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer