PDF Solutions appoints Chi-Foon Chan to board as Class II director
PDF Solutions’ board appointed Chi-Foon Chan as a Class II director effective immediately, on December 14, 2023, and assigned him to the Nominating and Corporate Governance committee. The filing describes his compensation under the company’s 2024 non-employee director program, which matters to shareholders as a board change with standard director pay and indemnification terms.
Key points
- Chan appointed to the board on December 14, 2023, serving until the first Annual Meeting held after December 31, 2023
- Annual cash retainer of $40,000, plus $4,000 for Nominating and Corporate Governance committee membership
- Restricted stock unit award valued at $300,000, vesting 1/4 at grant and 1/4 each anniversary thereafter until fully vested
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 6:58 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on December 18, 2023.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.