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VSH Vishay Intertechnology

Filed: 16 Mar 21, 7:54am
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 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)  March 16, 2021
  

Vishay Intertechnology, Inc.
 
(Exact name of registrant as specified in its charter)


Delaware
1-741638-1686453
(State or Other Jurisdiction of Incorporation)(Commission File Number)(I.R.S. Employer Identification Number)

  
63 Lancaster Avenue
Malvern, PA
19355-2143
(Address of Principal Executive Offices)Zip Code
 
Registrant's telephone number, including area code    610-644-1300

 
(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:


 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))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
 Emerging growth company
 
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

Securities registered pursuant to Section 12(b) of the Act:

 
Title of each class
 
Trading symbol
 
Name of exchange on which registered
Common stock, par value $0.10 per share
VSH
 
New York Stock Exchange

Item 7.01 – Regulation FD Disclosure

Conversion Ratio Adjustments for Dividends
 
The quarterly cash dividend program of Vishay results in adjustments to the conversion rate and effective conversion price for the 2.25% Convertible Senior Notes due 2025 ("the Notes"), effective as of the ex-dividend date of each cash dividend.  As required by the indentures governing the terms of the Notes, Vishay has delivered a notice and officers' certificate to the trustees regarding these adjustments. 

Pursuant to the indentures governing the terms of the Notes, effective March 16, 2021 (the ex-dividend date), the adjusted conversion rate and adjusted effective conversion price are as follows (subject to the conditions applicable to conversion set forth in the indentures):

 
 Due 2025 
   
Conversion Rate (shares of common stock per $1,000 principal amount)  31.8965 
Effective conversion price (per share) $31.35 




 
Signature
 
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.

Date: March 16, 2021

 VISHAY INTERTECHNOLOGY, INC.

 By:/s/ Lori Lipcaman 

 Name:Lori Lipcaman
 Title:Executive Vice President and
  Chief Financial Officer