<SEC-DOCUMENT>0001178913-21-000762.txt : 20210224
<SEC-HEADER>0001178913-21-000762.hdr.sgml : 20210224
<ACCEPTANCE-DATETIME>20210224080016
ACCESSION NUMBER:		0001178913-21-000762
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20210224
FILED AS OF DATE:		20210224
DATE AS OF CHANGE:		20210224

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SILICOM LTD.
		CENTRAL INDEX KEY:			0000916793
		STANDARD INDUSTRIAL CLASSIFICATION:	COMPUTER COMMUNICATIONS EQUIPMENT [3576]
		IRS NUMBER:				000000000
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-23288
		FILM NUMBER:		21668534

	BUSINESS ADDRESS:	
		STREET 1:		14 ATIR YEDA ST.
		CITY:			KFAR-SAVA
		STATE:			L3
		ZIP:			4464323
		BUSINESS PHONE:		97297644555

	MAIL ADDRESS:	
		STREET 1:		14 ATIR YEDA ST.
		CITY:			KFAR-SAVA
		STATE:			L3
		ZIP:			4464323

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SILICOM LTD
		DATE OF NAME CHANGE:	19940103
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>zk2125659.htm
<DESCRIPTION>6-K
<TEXT>
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    <title></title>
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         Document created using EDGARfilings PROfile 7.3.2.0
         Copyright 1995 - 2021 Broadridge -->
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    <div><br>
      <div style="line-height: 1.25;">
        <div style="text-align: center; line-height: 1.25; font-weight: bold;">UNITED STATES</div>
      </div>
      <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman',Times,serif; font-size: 14pt; font-weight: bold;">SECURITIES AND EXCHANGE COMMISSION</div>
      <div style="text-align: center; line-height: 1.25; font-weight: bold;">Washington, D.C. 20549</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman',Times,serif; font-size: 14pt; font-weight: bold;">Form 6-K</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: center; line-height: 1.25; font-weight: bold;">REPORT OF FOREIGN PRIVATE ISSUER&#160;PURSUANT TO RULE 13a-16</div>
      <div style="text-align: center; line-height: 1.25; font-weight: bold;">OR 15d-16 OF THE SECURITIES EXCHANGE ACT OF 1934</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: center; line-height: 1.25;">For the month of February 2021</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: center; line-height: 1.25;">Commission File Number 000-23288</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman',Times,serif; font-size: 16pt; font-weight: bold;">SILICOM LTD.</div>
      <div style="text-align: center; line-height: 1.25;">(Translation of Registrant&#8217;s name into English)</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: center; line-height: 1.25; font-weight: bold;">14 Atir Yeda St., Kfar-Sava 4464323, Israel</div>
      <div style="text-align: center; line-height: 1.25;">(Address of Principal Executive Offices)</div>
      <div style="text-align: center; line-height: 1.25;"> <br>
      </div>
      <div style="line-height: 1.25;">Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.</div>
      <div style="line-height: 1.25;"> <br>
      </div>
      <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman',Times,serif;">Form 20-F&#160;&#9746;&#160; &#160;&#160; Form 40-F&#160;&#9744; </div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="line-height: 1.25;">Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):___</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="line-height: 1.25;">Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):___</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
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      </div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="line-height: 1.25;">On February 24, 2021, the Registrant issued a press release: &#8220;Silicom&#8217;s 5G Momentum Builds: Leading US Service Provider Selects Silicom&#8217;s DU-Enabling Accelerator Cards For Its 5G Infrastructure&#8221;.</div>
      <div style="line-height: 1.25;"> <br>
      </div>
      <div style="line-height: 1.25;">Attached hereto are the following exhibits:</div>
      <div style="line-height: 1.25">&#160;</div>
      <div>
        <table cellspacing="0" cellpadding="0" style="width: 100%; font-family: 'Times New Roman', Times, serif; font-size: 10pt;" id="ze1d72149db7c4af59197c1728d7ca2ac" class="DSPFListTable">

            <tr style="vertical-align: top;">
              <td style="vertical-align: top; width: 81pt;">
                <div style="text-align: left; line-height: 1.25;"><a href="exhibit_99-1.htm">Exhibit 99.1</a></div>
              </td>
              <td style="vertical-align: top; width: auto;">
                <div style="text-align: left; line-height: 1.25;"><a href="exhibit_99-1.htm"><font style="font-family: 'Times New Roman',Times,serif;">Press Release</font></a></div>
              </td>
            </tr>

        </table>
      </div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="line-height: 1.25;">This Form 6-K, including all exhibits hereto, is hereby incorporated by reference into all effective registration statements filed by the registrant under the Securities Act of 1933.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="line-height: 1.25">&#160;</div>
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      </div>
      <div style="line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
      <div style="text-align: center; line-height: 1.25; font-weight: bold;">SIGNATURES</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="line-height: 1.25;">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.</div>
      <div style="line-height: 1.25">&#160;</div>
      <table cellspacing="0" cellpadding="0" border="0" id="zf5baf4fb2a854c0c957320f3eb26810c" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 50%; vertical-align: top;">
              <div style="line-height: 1.25;">&#160;</div>
            </td>
            <td style="vertical-align: top;" colspan="2">
              <div style="line-height: 1.25;"><font style="font-weight: bold;">SILICOM LTD.</font><br>
                (Registrant)</div>
            </td>
            <td style="width: 5%; vertical-align: top;">
              <div style="line-height: 1.25;">&#160;</div>
            </td>
          </tr>
          <tr>
            <td style="width: 50%; vertical-align: top;">
              <div style="line-height: 1.25;">&#160;</div>
            </td>
            <td style="width: 5%; vertical-align: top;">
              <div style="line-height: 1.25;">&#160;</div>
            </td>
            <td style="width: 40%; vertical-align: top;">
              <div style="line-height: 1.25;">&#160;</div>
            </td>
            <td style="width: 5%; vertical-align: top;">
              <div style="line-height: 1.25;">&#160;</div>
            </td>
          </tr>
          <tr>
            <td style="width: 50%; vertical-align: top;">
              <div style="line-height: 1.25;">Date: February 24, 2021</div>
            </td>
            <td style="width: 5%; vertical-align: top;">
              <div style="line-height: 1.25;">By</div>
            </td>
            <td style="width: 40%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="line-height: 1.25;">/s/ Eran Gilad</div>
            </td>
            <td style="width: 5%; vertical-align: top;">
              <div style="line-height: 1.25;">&#160;</div>
            </td>
          </tr>
          <tr>
            <td style="width: 50%; vertical-align: top;">
              <div style="line-height: 1.25;">&#160;</div>
            </td>
            <td style="vertical-align: top;" colspan="2">
              <div style="line-height: 1.25;">Eran Gilad</div>
            </td>
            <td style="width: 5%; vertical-align: top;">
              <div style="line-height: 1.25;">&#160;</div>
            </td>
          </tr>
          <tr>
            <td style="width: 50%; vertical-align: top;">
              <div style="line-height: 1.25;">&#160;</div>
            </td>
            <td style="vertical-align: top;" colspan="2">
              <div style="line-height: 1.25;">Chief Financial Officer</div>
            </td>
            <td style="width: 5%; vertical-align: top;">
              <div style="line-height: 1.25;">&#160;</div>
            </td>
          </tr>

      </table>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: center; line-height: 1.25;">&#160;</div>
      <div style="line-height: 1.25">&#160;
        <hr align="center" style="border: none; border-bottom: 4px solid black; border-top: 1px solid black; height: 10px; color: #ffffff; background-color: #ffffff; text-align: center; margin-left: auto; margin-right: auto;"></div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
      <div style="line-height: 1.25">&#160;</div>
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</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>exhibit_99-1.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
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<body bgcolor="#ffffff" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; text-align: left; color: #000000;">
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    <hr align="center" style="border: none; border-bottom: 1px solid black; border-top: 4px solid black; height: 10px; color: #ffffff; background-color: #ffffff; text-align: center; margin-left: auto; margin-right: auto;">
    <div> <br>
    </div>
    <div style="text-align: right;"><u><font style="font-weight: bold;">Exhibit 99.1</font></u><br>
    </div>
    <div>
      <div style="text-align: center; line-height: 1.25;"><img width="227" height="82" src="image0.jpg"></div>
      <div style="line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
      <div style="line-height: 1.25; font-weight: bold;">FOR IMMEDIATE RELEASE</div>
      <div style="line-height: 1.25; font-size: 12pt;"><br style="line-height: 1.25;">
      </div>
      <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman',Times,serif; font-size: 12pt; font-weight: bold;"><u>Silicom&#8217;s 5G Momentum Builds: Leading US Service </u></div>
      <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman',Times,serif; font-size: 12pt; font-weight: bold;"><u>Provider Selects Silicom&#8217;s DU-Enabling Accelerator </u></div>
      <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman',Times,serif; font-size: 12pt; font-weight: bold;"><u>Cards For Its 5G Infrastructure</u></div>
      <div style="text-align: center; line-height: 1.25;"><br>
      </div>
      <div style="text-align: justify; line-height: 1.25;"><font style="font-weight: bold;">KFAR SAVA, Israel &#8212; February 24, 2021,
          - Silicom Ltd. (NASDAQ: SILC), </font>a leading provider of networking and data infrastructure solutions, today announced that it has been awarded another new design win for its recently-announced vRAN (Virtual Radio Access Network) FEC Accelerator cards. The customer, a leading US service provider that is pioneering a
          standalone 5G network based on disaggregated OpenRAN architecture, plans to use Silicom&#8217;s innovative card in the network&#8217;s Distributed Units (DUs).</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; line-height: 1.25;">This is Silicom&#8217;s second win with leading 5G players for its new acceleration card, secured in less than two months after its first
        win.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; line-height: 1.25;">&#8220;This design win is further confirmation of the power of 5G and disaggregation to drive our growth,&#8221; commented Shaike Orbach,
        Silicom&#8217;s CEO. &#8220;As we hoped, the Top-5 Telco win we announced in January has excited industry-wide interest in our 5G-enabling technologies. Enthusiastic feedback has universally confirmed our approach and the superiority of our technology, and we
        are in discussions with multiple players &#8211; including both our initial customers, their DU suppliers and the &#8216;hyper-scalers&#8217; they are cooperating with - regarding potential new projects. With strengths in so many aspects of these complex
        technologies, we function in a &#8216;consultant&#8217; capacity, proposing essential, innovative solutions to the challenges faced both by operators and infrastructure providers.&#8221;</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; line-height: 1.25;">Mr. Orbach continued, &#8220;With 5G-related activities building, we believe that we are off and running in the direction that will become
        one of our most important future growth drivers. We believe that our innovative, cost-effective products, our deep 5G system-level understanding, our years-long cooperation with Intel, and the expanding relationships we are building with key 5G
        players position us for long-term success in this high-potential market.&#8221;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
        <div style="page-break-after: always;" id="DSPFPageBreak">
          <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
      </div>
      <div style="text-align: justify; line-height: 1.25; font-weight: bold;">About Silicom</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; line-height: 1.25;">Silicom Ltd. is an industry-leading provider of high-performance networking and data infrastructure solutions. Designed primarily to
        improve performance and efficiency in Cloud and Data Center environments, Silicom&#8217;s solutions increase throughput, decrease latency and boost the performance of servers and networking appliances, the infrastructure backbone that enables advanced
        Cloud architectures and leading technologies like NFV, SD-WAN and Cyber Security. Our innovative solutions for high-density networking, high-speed fabric switching, offloading and acceleration, which utilize a range of cutting-edge silicon
        technologies as well as FPGA-based solutions, are ideal for scaling-up and scaling-out cloud infrastructures.</div>
      <div style="text-align: justify; line-height: 1.25;"> <br>
      </div>
      <div style="text-align: justify; line-height: 1.25;">Silicom products are used by major Cloud players, service providers, telcos and OEMs as components of their infrastructure offerings,
        including both add-on adapters in the Data Center and stand-alone virtualized/universal CPE devices at the edge.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; line-height: 1.25;">Silicom&#8217;s long-term, trusted relationships with more than 170 customers throughout the world, its more than 400 active Design Wins and
        more than 300 product SKUs have made Silicom a &#8220;go-to&#8221; connectivity/performance partner of choice for technology leaders around the globe.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; line-height: 1.25;">For more information, please visit: <u>www.silicom.co.il</u></div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; line-height: 1.25;">Statements in this press release which are not historical data are forward-looking statements which involve known and unknown risks,
        uncertainties, or other factors not under the company's control, which may cause actual results, performance, or achievements of the company to be materially different from the results, performance, or other expectations implied by these
        forward-looking statements. These factors include, but are not limited to, Silicom's increasing dependence for substantial revenue growth on a limited number of customers
          in the evolving cloud-based, SD-WAN, NFV and Edge markets, the speed and extent to which solutions are adopted by these markets, likelihood that Silicom will rely increasingly on customers which provide solutions in these evolving markets,
          resulting in an increasing dependence on a smaller number of larger customers, difficulty in commercializing and marketing of Silicom's products and services, maintaining and protecting brand recognition, protection of intellectual
        property, competition, disruptions to our manufacturing and development along with general disruptions to the entire world economy relating to the spread of the novel coronavirus (COVID-19) and other factors detailed in the company's periodic
        filings with the Securities and Exchange Commission. These forward-looking statements can generally be identified as such because the context of the statement will include words, such as &#8220;expects,&#8221; &#8220;should,&#8221; &#8220;believes,&#8221; &#8220;anticipates&#8221; or words of
        similar import. Similarly, statements that describe future plans, objectives or goals are also forward-looking statements. In light of significant risks and uncertainties inherent in forward-looking statements, the inclusion of such statements
        should not be regarded as a representation by the company that it will achieve such forward-looking statements. The company disclaims any duty to update such statements, whether as a result of new information, future events, or otherwise.</div>
      <div style="line-height: 1.25">&#160;</div>
      <table cellspacing="0" cellpadding="0" id="z6542eca45fe14849817756e6266ba559" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 50.03%; vertical-align: top;">
              <div style="line-height: 1.25;">
                <div style="line-height: 1.25; font-weight: bold;"><u>Company Contact:</u></div>
                <div style="line-height: 1.25; font-weight: bold;">Eran Gilad, CFO</div>
                <div style="line-height: 1.25; font-weight: bold;">Silicom Ltd.</div>
                <div style="line-height: 1.25; font-weight: bold;">Tel: +972-9-764-4555</div>
                <div style="line-height: 1.25; font-weight: bold;">E-mail: <u>erang@silicom.co.il</u></div>
              </div>
            </td>
            <td style="width: 49.97%; vertical-align: top;">
              <div style="line-height: 1.25;">
                <div style="line-height: 1.25; font-weight: bold;"><u>Investor Relations Contact:</u></div>
                <div style="line-height: 1.25; font-weight: bold;">Ehud Helft</div>
                <div style="line-height: 1.25; font-weight: bold;">GK Investor Relations</div>
                <div style="line-height: 1.25; font-weight: bold;">Tel: +1 646 201 9246</div>
                <div style="line-height: 1.25;"><font style="font-weight: bold;">E-mail: </font><u><font style="font-weight: bold;">silicom@gkir.com</font></u></div>
              </div>
            </td>
          </tr>

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</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
