Fabrinet Form 8-K Summary
Business Context and Reporting Period
This Form 8-K, dated October 30, 2013, reports on Fabrinet, a company incorporated in the Cayman Islands. The filing primarily references financial results for the fiscal quarter ended September 27, 2013, which were detailed in a press release issued on November 4, 2013 (Exhibit 99.1).
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. These metrics are contained within the referenced press release (Exhibit 99.1) and are not explicitly stated in the body of this 8-K report.
Material Changes and Executive Compensation
On October 30, 2013, the Compensation Committee approved annual base salary increases for two named executive officers, effective November 1, 2013:
- Dr. Harpal Gill (President and COO of Fabrinet USA, Inc.; Executive Vice President, Operations of Fabrinet Co., Ltd.): Increased from $575,000 to $650,000.
- Toh-Seng Ng (Executive Vice President and CFO of Fabrinet USA, Inc.): Increased from $325,000 to $425,000.
Guidance, Outlook, and Risks
The filing does not contain specific guidance, outlook, management commentary, or risk factors within its text. It directs readers to the attached press release for operational results. The filing includes a standard disclaimer that the information is not deemed "filed" for purposes of Section 18 of the Exchange Act unless expressly referenced.
Key Facts for Investor Verification
- Review the attached press release (Exhibit 99.1) for actual Q3 2013 financial performance data.
- Note the effective date of November 1, 2013, for the executive salary increases.
- Verify the specific titles and jurisdictions of the named executives (Fabrinet USA, Inc. vs. Fabrinet Co., Ltd.).