Annual Reports

 
Quarterly Reports

 
8-K

  • 8-K (Nov 9, 2017)
  • 8-K (Aug 10, 2017)
  • 8-K (Jun 5, 2017)
  • 8-K (May 30, 2017)
  • 8-K (May 9, 2017)
  • 8-K (Mar 13, 2017)

 
Other

NVIDIA 8-K 2015

Documents found in this filing:

  1. 8-K
  2. Ex-10.1
  3. Ex-10.1
Form 8-K FY2016 Variable Comp Plan





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): April 7, 2015

NVIDIA CORPORATION
(Exact name of registrant as specified in its charter)

Delaware
0-23985
94-3177549
(State or other jurisdiction
of incorporation)
(Commission
File Number)
(IRS Employer
Identification No.)

2701 San Tomas Expressway, Santa Clara, CA
(Address of principal executive offices)
95050
(Zip Code)
Registrant’s telephone number, including area code: (408) 486-2000
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 (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.
Adoption of Fiscal Year 2016 Variable Compensation Plan
On April 7, 2015, the Compensation Committee of our Board of Directors adopted the Fiscal Year 2016 Variable Compensation Plan, or the 2016 Plan, which provides eligible executive officers the opportunity to earn a cash bonus award based on the level of achievement by us of certain corporate objectives, or the Corporate Targets, during our fiscal year 2016. We operate on a fiscal year ending on the last Sunday in January. We designate our fiscal year by the year in which that fiscal year ends (e.g., fiscal year 2016 refers to our fiscal year ending January 31, 2016).
 
An eligible participant’s target variable cash compensation under the 2016 Plan will be based on the achievement by NVIDIA of the Corporate Targets, such amount referred to as the Target Variable Cash Compensation.

The Compensation Committee has set the Corporate Targets for fiscal year 2016 based upon the achievement of specified fiscal year 2016 revenue and has established a threshold and a maximum.

Unless otherwise determined by the Compensation Committee, a participant must remain an employee through the payment date under the 2016 Plan to be eligible to earn an award.

The following table sets forth the Target Variable Cash Compensation for our named executive officers under the 2016 Plan:
Named Executive Officer
Target Variable Cash Compensation

Target Variable Cash Compensation as a % of
 Fiscal Year 2016 Base Salary
Jen-Hsun Huang
President and Chief Executive Officer
$1,000,000
100%
Colette M. Kress
Executive Vice President and Chief Financial Officer
$275,000
35%
Ajay K. Puri
Executive Vice President, Worldwide Field Operations
$475,000
54%
David M. Shannon
Executive Vice President, Chief Administrative Officer and Secretary
$200,000
25%
Debora Shoquist
Executive Vice President, Operations
$150,000
21%


The 2016 Plan is filed with this report as Exhibit 10.1 and is incorporated herein by reference. The foregoing description is subject to, and qualified in its entirety by, the 2016 Plan.

Item 9.01. Financial Statements and Exhibits.
(d) Exhibits

Exhibit Number
 
Description
10.1
 
Fiscal Year 2016 Variable Compensation Plan of NVIDIA Corporation.










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.
 
NVIDIA Corporation
Date: April 9, 2015
By: /s/ Rebecca Peters                                    
 
Rebecca Peters
 
Vice President, Corporate Affairs and Assistant Secretary
 





EXHIBIT INDEX

Exhibit Number
 
Description
10.1
 
Fiscal Year 2016 Variable Compensation Plan of NVIDIA Corporation.



Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki