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<TITLE> IXYS Corporation (Form: 8-K) </TITLE>
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		UNITED STATES<BR>
	SECURITIES AND EXCHANGE COMMISSION
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	WASHINGTON, D.C. 20549
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	FORM 8-K
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	CURRENT REPORT
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	Pursuant to Section&nbsp;13 or 15(d) of the Securities Exchange Act of 1934
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	Date of Report (Date of Earliest Event Reported):
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	&nbsp;
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	June 9, 2016
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	IXYS Corporation
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<BR>__________________________________________<BR>
	(Exact name of registrant as specified in its charter)
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	Delaware
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	000-26124
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	77-0140882
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_____________________<BR>
	(State or other jurisdiction
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_____________<BR>
	(Commission
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	(I.R.S. Employer
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	of incorporation)
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	File Number)
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	Identification No.)
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	1590 Buckeye Drive, Milpitas, California
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	95035
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_________________________________<BR>
	(Address of principal executive offices)
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___________<BR>
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	Registrant&#146;s telephone number, including area code:
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	408-457-9000
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	Not Applicable
<BR>______________________________________________<BR>
	Former name or former address, if changed since last report
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	&nbsp;
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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:</FONT>
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[&nbsp;&nbsp;]&nbsp;&nbsp;Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)<br>
[&nbsp;&nbsp;]&nbsp;&nbsp;Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)<br>
[&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))<br>
[&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))<br>
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<P align="left" style="font-size: 10pt"><FONT style="font-size: 10pt"><B>Item&nbsp;5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of
Certain Officers; Compensatory Arrangements of Certain Officers.</B>
</FONT>

<P align="left" style="font-size: 10pt">On June&nbsp;9, 2016, the Board of Directors (the &#147;Board&#148;) of IXYS Corporation (&#147;IXYS&#148;) approved the
adoption of the 2016 Equity Incentive Plan, under which 2,000,000 shares of the common stock of
IXYS will be reserved for the grant of equity incentives.


<P align="left" style="font-size: 10pt">On June&nbsp;9, 2016, the Compensation Committee (&#147;Committee&#148;) of the Board made certain determinations
regarding the cash performance program for Dr.&nbsp;Nathan Zommer, the Chairman of the Board and Chief
Executive Officer of IXYS, and Mr.&nbsp;Uzi Sasson, the President and Chief Financial Officer of IXYS,
for the fiscal year ended March&nbsp;31, 2017 (&#147;Fiscal 2017&#148;).


<P align="left" style="font-size: 10pt">The Committee approved potential awards at each of three performance levels, threshold, target and
maximum, as follows:

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    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>Target</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>Maximum</B></TD>
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    <TD><DIV style="margin-left:10px; text-indent:-10px">Nathan Zommer</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">225,000</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">450,000</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">675,000</TD>
    <TD>&nbsp;</TD>
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    <TD><DIV style="margin-left:10px; text-indent:-10px">Uzi Sasson</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">200,000</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">400,000</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">$</TD>
    <TD align="right">600,000</TD>
    <TD>&nbsp;</TD>
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<P align="left" style="font-size: 10pt">A single set of objectives was approved for both executives. The Fiscal 2017 objectives are as
follows:


<P align="left" style="font-size: 10pt">1.&nbsp;Net revenues;
<BR>
2. Gross margin;
<BR>
3. Adjusted EBITDA; and
<BR>
4. Discretionary.


<P align="left" style="font-size: 10pt">The Committee defined &#147;Adjusted EBITDA&#148; to mean earnings before interest, taxes, depreciation,
amortization and stock compensation expense.


<P align="left" style="font-size: 10pt">Weights are accorded each objective. The weight accorded each of the first three objectives is 30%.
The weight accorded the fourth objective, discretionary, is 10%.


<P align="left" style="font-size: 10pt">Each of the first three objectives will be evaluated quantitatively, using a numerical value
determined by the Committee for each of the performance levels of threshold, target and maximum.
The discretionary objective will be evaluated through a qualitative assessment.


<P align="left" style="font-size: 10pt">With respect to the three quantitative objectives, the Committee intends that outcomes between
threshold and target be interpolated linearly between the amount of threshold award and the amount
of the target award applicable to that objective and that outcomes between target and maximum be
interpolated linearly between the amount of the target award and the amount of the maximum award
applicable to that objective. For any objective, such applicable amounts shall be determined by the
multiplication of the award for a performance level by the weight for the objective.


<P align="left" style="font-size: 10pt">On June&nbsp;9, 2016, the Committee awarded Dr.&nbsp;Nathan Zommer and Uzi Sasson $253,833 and $193,333,
respectively, as cash performance compensation for the fiscal year ended March&nbsp;31, 2016.



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	SIGNATURES
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	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.
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	IXYS Corporation
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	&nbsp;&nbsp;
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<I>
	June 10, 2016
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	By:
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<I>
	/s/ Uzi Sasson
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	Name: Uzi Sasson
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<I>
	Title: President
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IXYS Corporation (Form: 8-K)
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):
June 9, 2016
IXYS Corporation
__________________________________________
(Exact name of registrant as specified in its charter)
Delaware
000-26124
77-0140882
_____________________
(State or other jurisdiction
_____________
(Commission
______________
(I.R.S. Employer
of incorporation)
File Number)
Identification No.)
1590 Buckeye Drive, Milpitas, California
95035
_________________________________
(Address of principal executive offices)
___________
(Zip Code)
Registrant's telephone number, including area code:
408-457-9000
Not Applicable
______________________________________________
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))
Top of the Form
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of
Certain Officers; Compensatory Arrangements of Certain Officers.
On June 9, 2016, the Board of Directors (the "Board") of IXYS Corporation ("IXYS") approved the
adoption of the 2016 Equity Incentive Plan, under which 2,000,000 shares of the common stock of
IXYS will be reserved for the grant of equity incentives.
On June 9, 2016, the Compensation Committee ("Committee") of the Board made certain determinations
regarding the cash performance program for Dr. Nathan Zommer, the Chairman of the Board and Chief
Executive Officer of IXYS, and Mr. Uzi Sasson, the President and Chief Financial Officer of IXYS,
for the fiscal year ended March 31, 2017 ("Fiscal 2017").
The Committee approved potential awards at each of three performance levels, threshold, target and
maximum, as follows:
Name
Threshold
Target
Maximum
Nathan Zommer
$
225,000
$
450,000
$
675,000
Uzi Sasson
$
200,000
$
400,000
$
600,000
A single set of objectives was approved for both executives. The Fiscal 2017 objectives are as
follows:
1. Net revenues;
2. Gross margin;
3. Adjusted EBITDA; and
4. Discretionary.
The Committee defined "Adjusted EBITDA" to mean earnings before interest, taxes, depreciation,
amortization and stock compensation expense.
Weights are accorded each objective. The weight accorded each of the first three objectives is 30%.
The weight accorded the fourth objective, discretionary, is 10%.
Each of the first three objectives will be evaluated quantitatively, using a numerical value
determined by the Committee for each of the performance levels of threshold, target and maximum.
The discretionary objective will be evaluated through a qualitative assessment.
With respect to the three quantitative objectives, the Committee intends that outcomes between
threshold and target be interpolated linearly between the amount of threshold award and the amount
of the target award applicable to that objective and that outcomes between target and maximum be
interpolated linearly between the amount of the target award and the amount of the maximum award
applicable to that objective. For any objective, such applicable amounts shall be determined by the
multiplication of the award for a performance level by the weight for the objective.
On June 9, 2016, the Committee awarded Dr. Nathan Zommer and Uzi Sasson $253,833 and $193,333,
respectively, as cash performance compensation for the fiscal year ended March 31, 2016.
Top of the Form
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.
IXYS Corporation
June 10, 2016
By:
/s/ Uzi Sasson
Name: Uzi Sasson
Title: President