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</FONT><FONT SIZE=2><P ALIGN="CENTER">SECURITIES AND EXCHANGE COMMISSION</P>


<P ALIGN="CENTER">Washington, D.C. 20549</P>


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<P ALIGN="CENTER">&nbsp;</P>


<B><P ALIGN="CENTER">&nbsp;</P>


<P ALIGN="CENTER">FORM 8-K</P>


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<B><P ALIGN="CENTER">CURRENT REPORT</P>


<P ALIGN="CENTER">Pursuant to Section 13 or 15(d) of</P>


<P ALIGN="CENTER">the Securities Exchange Act of 1934</P>


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<B><P ALIGN="CENTER">&nbsp;</P>


<P ALIGN="CENTER">May 8, 2006</P>


<P ALIGN="CENTER">Date of Report (Date of earliest event reported)</P>


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<P ALIGN="CENTER">&nbsp;</P>


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<P ALIGN="CENTER">SIRENZA MICRODEVICES, INC.</P>


<P ALIGN="CENTER">(Exact name of Registrant as specified in its charter)</P>


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<B><FONT SIZE=2><P ALIGN="CENTER">DELAWARE</B></FONT></TD>


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<B><FONT SIZE=2><P ALIGN="CENTER">000-30615</B> </FONT></TD>


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<FONT SIZE=2><P>&nbsp;</FONT></TD>


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<B><FONT SIZE=2><P ALIGN="CENTER">77-0073042</B> </FONT></TD>


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<B><FONT SIZE=2><P ALIGN="CENTER">(State or other jurisdiction</B> </P>


<B><P ALIGN="CENTER">of incorporation)</B> </FONT></TD>


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<FONT SIZE=2><P>&nbsp;</FONT></TD>


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<B><FONT SIZE=2><P ALIGN="CENTER">(Commission File Number)</B> </FONT></TD>


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<B><FONT SIZE=2><P ALIGN="CENTER">(I.R.S. Employer</B> </P>


<B><P ALIGN="CENTER">Identification Number)</B> </FONT></TD>


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<B><P ALIGN="CENTER">303 S. TECHNOLOGY COURT, BROOMFIELD, CO 80021</P>


<P ALIGN="CENTER">(Address of principal executive offices, including zip code)</P>


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<B><P ALIGN="CENTER">(303) 327-3030</P>


<P ALIGN="CENTER">(Registrant's telephone number, including area code)</P>


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<B><P ALIGN="CENTER">N/A</P>


<P ALIGN="CENTER">(Former name or former address, if changed since last report)</P>


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<P ALIGN="CENTER">&nbsp;</P>


<B><P>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 (see General Instruction A.2. below):</P>


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<P>[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</P>





<P>[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</P>





<P>[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</P>





<P>[ ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</P>





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<B><P>Item 1.01  Entry into a Material Definitive Agreement.</P>


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<P>Effective May 8, 2006, the Compensation Committee of the Board of Directors of the Company approved the following annual salary increases for the Company's executive officers:</P><DIR>


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</FONT><B><U><FONT SIZE=3><P>Increase</P></DIR>


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</FONT><FONT SIZE=2><P>Name</B></U>&#9;&#9;&#9;<B><U>Title</B></U>&#9;&#9;&#9;&#9;&#9;<B><U>Amount</B></U>&#9;&#9;<B><U>New Salary</P>


</B></U><P>John Ocampo&#9;&#9;Chairman&#9;&#9;&#9;&#9;$50,000&#9;&#9;$300,000</P>


<P>Robert Van Buskirk&#9;Chief Executive Officer&#9;&#9;&#9;$50,000&#9;&#9;$375,000</P>


<P>Charles Bland&#9;&#9;Chief Financial Officer&#9;&#9;&#9;$26,000&#9;&#9;$285,000</P>


<P>Norm Hilgendorf&#9;&#9;Chief Strategy Officer&#9;&#9;&#9;$17,000&#9;&#9;$215,000</P>


<P>Susan Ocampo&#9;&#9;Treasurer&#9;&#9;&#9;&#9;$25,000&#9;&#9;$175,000</P>


<P>Gerald Hatley&#9;&#9;VP, Controller&#9;&#9;&#9;&#9;$15,000&#9;&#9;$165,000</P>


<P>Clay Simpson&#9;&#9;VP, General Counsel&#9;&#9;&#9;$19,000&#9;&#9;$209,000</P><DIR>


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<B><P ALIGN="CENTER">&nbsp;</P>


<P ALIGN="CENTER">SIGNATURES</P></DIR>


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<P>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. </P>





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<P>SIRENZA MICRODEVICES, INC.</P>





<P>By:  <U>&#9;/s/ Clay B. Simpson&#9;</P>


</U><P>        Clay B. Simpson</P><DIR>


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<P>Vice President, General Counsel and Secretary</P></DIR>


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<P>&nbsp;&nbsp;Date:&nbsp;&nbsp;May 10, 2006 &nbsp;</P>





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{"company-data": {"conformed-name": "SIRENZA MICRODEVICES INC", "cik": "0001103777", "assigned-sic": "3674", "irs-number": "770073042", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-30615", "film-number": "06823403"}, "business-address": {"street1": "303 S TECHNOLOGY COURT", "city": "BROOMFIELD", "state": "CO", "zip": "80021", "phone": "3033273030"}, "mail-address": {"street1": "303 S TECHNOLOGY COURT", "city": "BROOMFIELD", "state": "CO", "zip": "80021"}, "former-company": {"former-conformed-name": "STANFORD MICRODEVICES INC", "date-changed": "20000119"}}
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
May 8, 2006
Date of Report (Date of earliest event reported)
SIRENZA MICRODEVICES, INC.
(Exact name of Registrant as specified in its charter)
DELAWARE
000-30615
77-0073042
(State or other jurisdiction
of incorporation)
(Commission File Number)
(I.R.S. Employer
Identification Number)
303 S. TECHNOLOGY COURT, BROOMFIELD, CO 80021
(Address of principal executive offices, including zip code)
(303) 327-3030
(Registrant's telephone number, including area code)
N/A
(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 (see General Instruction A.2. below):
[ ] 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))
Item 1.01  Entry into a Material Definitive Agreement.
Effective May 8, 2006, the Compensation Committee of the Board of Directors of the Company approved the following annual salary increases for the Company's executive officers:
Increase
Name
Title
Amount
New Salary
John Ocampo		Chairman				$50,000		$300,000
Robert Van Buskirk	Chief Executive Officer			$50,000		$375,000
Charles Bland		Chief Financial Officer			$26,000		$285,000
Norm Hilgendorf		Chief Strategy Officer			$17,000		$215,000
Susan Ocampo		Treasurer				$25,000		$175,000
Gerald Hatley		VP, Controller				$15,000		$165,000
Clay Simpson		VP, General Counsel			$19,000		$209,000
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 hereunto duly authorized.
SIRENZA MICRODEVICES, INC.
By:
/s/ Clay B. Simpson
Clay B. Simpson
Vice President, General Counsel and Secretary
Date:  May 10, 2006