# EDGAR Filing Document

**Accession Number:** 0001652535
**File Stem:** 0001564590-23-002034
**Filing Date:** 2023-2
**Character Count:** 5803
**Document Hash:** 7726796302bb887ca70e3d5196b14f14
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001564590-23-002034.hdr.sgml**: 20230217

**ACCESSION NUMBER**: 0001564590-23-002034

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 12

**CONFORMED PERIOD OF REPORT**: 20230214

**ITEM INFORMATION**: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers

**FILED AS OF DATE**: 20230217

**DATE AS OF CHANGE**: 20230216

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ICHOR HOLDINGS, LTD.
- **CENTRAL INDEX KEY:** 0001652535
- **STANDARD INDUSTRIAL CLASSIFICATION:** SEMICONDUCTORS & RELATED DEVICES [3674]
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** E9
- **FISCAL YEAR END:** 1227

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-37961
- **FILM NUMBER:** 23639773

**BUSINESS ADDRESS:**
- **STREET 1:** 3185 LAURELVIEW CT.
- **CITY:** FREMONT
- **STATE:** CA
- **ZIP:** 94538
- **BUSINESS PHONE:** 510-897-5200

**MAIL ADDRESS:**
- **STREET 1:** 3185 LAURELVIEW CT.
- **CITY:** FREMONT
- **STATE:** CA
- **ZIP:** 94538

?xml version="1.0" encoding="utf-8"? ichr-8k_20230214.htm

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### UNITED STATES

### SECURITIES AND EXCHANGE COMMISSION

#### WASHINGTON, DC 20549

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### FORM 8-K

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#### CURRENT REPORT

#### Pursuant to Section 13 or 15(d)

#### of the Securities Exchange Act of 1934

#### Date of Report (Date of earliest event reported): February 14, 2023

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## ICHOR HOLDINGS, LTD.

#### (Exact name of registrant as specified in its charter)

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| | | |
|:---|:---|:---|
| **Cayman Islands** | **001-37961** | **Not Applicable** |
| **(State or other jurisdiction**<br> **of incorporation)** | **(Commission**<br> **File Number)** | **(IRS Employer**<br> **Identification No.)** |

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#### 3185 Laurelview Ct.

#### Fremont, California 94538

#### (Address of principal executive offices, including Zip Code)
(510) 897-5200

#### (Registrant's telephone number, including area code)

#### Not Applicable

#### (Former name or former address, if changed since last report)

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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))

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

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| | | |
|:---|:---|:---|
| **<u>Title of each class</u>** | **<u>Trading Symbol(s)</u>** | **<u>Name of each exchange on which registered</u>** |
| Ordinary Shares, par value $0.0001 | ICHR | The NASDAQ Stock Market LLC |

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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. ☐

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#### Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
*Compensation for Named Executive Officers*

On February 13, 2023, the Human Capital Committee of the Board of Directors (the "Board") of Ichor Holdings, Ltd. (the "Company") approved annual salaries, cash bonus target percentages, and annual equity incentive awards for Larry Sparks, Philip Barros, and Christopher Smith, each a Named Executive Officer of the Company, for 2023. On February 14, 2023, the Board approved the annual salary, cash bonus target percentage and annual equity incentive awards for Jeffrey Andreson, the Company's Chief Executive Officer, for 2023. Set forth in the table below are the annual salaries, cash bonus target percentages, and annual equity incentive awards for Messrs. Andreson, Sparks, Barros, and Smith. The salaries are unchanged from 2022. The annual equity incentive awards will be granted in May 2023. The annual equity incentive awards, by fair value, will be comprised of approximately 50% restricted share units ("RSUs") and 50% performance share units ("PSUs") for Mr. Andreson, and 67% RSUs and 33% PSUs for Messrs. Sparks, Barros, and Smith.

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  |  |  | **Annual Cash Bonus (% of Annual Salary)** | **Annual Cash Bonus (% of Annual Salary)** | **Annual** |
| **Named Executive Officer** | **Title** | **Annual Salary** | **Target Percent** | **Amount** | **Equity Incentive** |
| Jeffrey Andreson | Director and Chief Executive Officer | $640000 | 100% | $640000 | $4800000 |
| Larry Sparks | Chief Financial Officer | $441000 | 75% | $330750 | $1400000 |
| Philip Barros | Chief Technology Officer | $437000 | 70% | $305900 | $1200000 |
| Christopher Smith | Chief Commercial Officer | $380000 | 70% | $266000 | $1200000 |

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#### 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 thereunto duly authorized.

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| | |
|:---|:---|
|  | ICHOR HOLDINGS, LTD. |
| Date: February 16, 2023 | /s/ Larry J. Sparks |
|  | Name: Larry J. Sparks |
|  | Title: Chief Financial Officer |

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