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Actionable news in KLIC: Kulicke and Soffa Industries, Inc.,

Departure of Directors or Certain

This Amendment No. 1 on Form 8-K/A amends the Current Report on Form 8-K filed on October 5, 2015 (the Prior Report) by Kulicke & Soffa Industries, Inc. (the Company). In accordance with Instruction 2 to Form 8-K, the Prior Report omitted the information called for in Item 5.02(c) with respect to the material changes to Jonathan Chous compensation as Interim Chief Executive Officer of the Company. This Amendment No. 1 on Form 8-K/A is filed to add the material changes to the compensation of Mr. Chou relating to his appointment.

On October 6, 2015, in connection with Mr. Chous appointment as Interim Chief Executive Officer, the Board of Directors of the Company approved a grant to Mr. Chou of 100,000 Restricted Share Units (the "RSUs") under the Company's 2009 Equity Plan, as amended ( the "2009 Plan"). The RSUs vest on the third anniversary of the award date. If a new Chief Executive Officer is appointed prior to the third anniversary of the award date, a portion of the RSUs will vest based on the number of whole or partial months Mr. Chou serves as...


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