<SEC-DOCUMENT>0001178913-22-003846.txt : 20221107
<SEC-HEADER>0001178913-22-003846.hdr.sgml : 20221107
<ACCEPTANCE-DATETIME>20221107090009
ACCESSION NUMBER:		0001178913-22-003846
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20221107
FILED AS OF DATE:		20221107
DATE AS OF CHANGE:		20221107

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:		221363956

	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
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<DESCRIPTION>6-K
<TEXT>
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        <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman',Times,serif; 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 November 2022</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="line-height: 1.25">&#160;</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">&#160;</div>
      <div style="line-height: 1.25; text-align: center;">Form 20-F&#160;<font style="font-family: 'Times New Roman',Times,serif;">&#9746;</font>&#160; &#160;&#160; Form 40-F&#160;<font style="font-family: 'Times New Roman',Times,serif;">&#9744;</font> </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="line-height: 1.25">&#160;</div>
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      <div style="line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
      <div style="line-height: 1.25;">On November 7, 2022, the Registrant issued a press release: &#8220;Silicom Secures Design Win &amp; $2M+ Initial Order for New Edge Product&#8221;.</div>
      <div style="line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
      <div style="line-height: 1.25;">Attached hereto are the following exhibits:</div>
      <div style="line-height: 1.25">&#160;</div>
      <div>
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            <tr style="vertical-align: top;">
              <td style="vertical-align: top; width: 72pt;">
                <div style="text-align: left; line-height: 1.25;"><a href="exhibit_99-1.htm">Exhibit&#160; 99.1</a></div>
              </td>
              <td style="align: left; vertical-align: top; width: auto;">
                <div style="text-align: left; line-height: 1.25;"><a href="exhibit_99-1.htm">Press Release</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>
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      <div style="line-height: 1.25">&#160;</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;">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>
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            <td style="width: 50%; vertical-align: top;">
              <div style="line-height: 1.25;">&#160;</div>
            </td>
            <td colspan="2" style="vertical-align: top;">
              <div style="line-height: 1.25;"><font style="font-weight: bold;">SILICOM LTD.</font><br>
                (Registrant)</div>
            </td>
            <td style="width: 24%; 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: 3%; vertical-align: top;">
              <div style="line-height: 1.25;">&#160;</div>
            </td>
            <td style="width: 22.88%; vertical-align: top;">
              <div style="line-height: 1.25;">&#160;</div>
            </td>
            <td style="width: 24%; 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: November 7, 2022</div>
            </td>
            <td style="width: 3%; vertical-align: top;">
              <div style="line-height: 1.25;">By</div>
            </td>
            <td style="width: 22.88%; vertical-align: top; border-bottom: #000000 2px solid;">
              <div style="line-height: 1.25;">/s/ Eran Gilad</div>
            </td>
            <td style="width: 24%; 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 colspan="2" style="vertical-align: top;">
              <div style="line-height: 1.25;">Eran Gilad</div>
            </td>
            <td style="width: 24%; 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 colspan="2" style="vertical-align: top;">
              <div style="line-height: 1.25;">Chief Financial Officer</div>
            </td>
            <td style="width: 24%; vertical-align: top;">
              <div style="line-height: 1.25;">&#160;</div>
            </td>
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      <div style="line-height: 1.25">&#160;</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>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>exhibit_99-1.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
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    <div><br>
    </div>
    <div style="text-align: right;"><u><font style="font-weight: bold;">Exhibit 99.1</font></u><br>
    </div>
    <div><br>
    </div>
    <div>
      <div style="line-height: 1.25;">
        <div style="text-align: center; line-height: 1.25;"><img width="223" height="83" src="image0.jpg">&#160;&#160;&#160;&#160;&#160;&#160;&#160; <br style="line-height: 1.25;">
        </div>
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        <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;"><br style="line-height: 1.25;">
        </div>
        <div style="line-height: 1.25; font-size: 14pt;"><br style="line-height: 1.25;">
        </div>
      </div>
      <div style="text-align: center; line-height: 1.25;"><font style="font-family: 'Times New Roman',Times,serif; font-weight: bold;"><font style="font-size: 14pt;"><u>Silicom
              Secures Design Win &amp;</u><br>
          <u>$2M+ Initial Order for New Edge Product</u></font><br>
          </font><font style="font-size: 12pt;"><br style="line-height: 1.25;">
        </font></div>
      <div style="text-align: center; line-height: 1.25; font-family: 'Times New Roman',Times,serif; font-size: 12pt; font-style: italic; font-weight: bold;">Silicom&#8217;s new cost-performance optimized Edge platform is the<br>
        1<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">st</sup>-to-market based on Intel&#8217;s new CPU</div>
      <div style="text-align: justify; line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
      <div style="text-align: justify; line-height: 1.25;"><font style="font-weight: bold;">KFAR SAVA, Israel &#8211; November 7, 2022 -
          Silicom Ltd. (NASDAQ: <u>SILC</u>), </font>a
        leading provider of networking and data infrastructure solutions, today announced that it has secured a new Design Win and initial $2+ million order from an existing customer for its innovative new Edge product: a powerful, cost-effective platform
        based on Intel&#8217;s new CPU. Per the customer request, deliveries of this initial order are planned to begin during the second quarter of 2023.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; line-height: 1.25;">As a platform that combines exceptional computing power and flexibility at a very attractive cost, the Silicom platform is ideal for
        supporting the full range of Edge Networking use cases, from SD-WAN and SASE to Enhanced Internet, dedicated telco routers and more.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; line-height: 1.25;">The reference design for the new Intel CPU was developed by Silicom during the past year, and Silicom is the first-to-market with a
        platform based on it.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; line-height: 1.25;">&#8220;This important Design Win and order demonstrate, once again, the validation of our strategic decision to position Silicom as the
        industry&#8217;s go-to provider of high-performance Edge platforms, which has now developed into such a strong growth driver for Silicom,&#8221; commented Liron Eizenman, Silicom&#8217;s CEO. &#8220;Our positioning consists of a number of layers. First, the privileged relationship that we have built with Intel over many years continues to give us a lead in identifying market needs, together with deep insight into the
          capabilities of their new technologies. For example, the fact that Intel trusted us - once again - to develop the reference design for their new CPU meant that we were the first to bring to market an Edge product with an optimal combination of
          features, functionality and cost based on that CPU.&#8221;</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; line-height: 1.25;">Mr. Eizenman continued, &#8220;Then, realizing that a wide variety of markets - telcos, service providers, Enterprises and cloud players -
        have similar requirements when it comes to designing their next-generation Universal CPE (uCPE), telco-dedicated routers, Secure Access Services Edge (SASE) networks and Enhanced Internet solutions, we moved quickly, initiating discussions about
        our Edge platforms with additional potential customers, including existing clients for other Silicom products and with new logos. All of them seek ever-higher compute capabilities, efficient and flexible networking and connectivity options, and
        optimized heat dissipation and power consumption, coupled with the best cost/performance ratio possible, easy installation and minimum maintenance. By packaging all of these functionalities with rapid customization, onboarding and ramp-up
        capabilities, we have succeeded in positioning ourselves as the industry&#8217;s Edge platform provider of choice.&#8221;</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; line-height: 1.25;">Mr. Eizenman concluded, &#8220;We therefore believe that we are poised to benefit strongly as market uptake of the Edge Platform concept
        continues to spread and grow. We will benefit from our reputation as a &#8216;can-do&#8217; platform creator with the ability to get the best out of Intel chips, and from the close and growing relationships we have built with so many customers and potential
        customers. We are pleased to kick-off the sales of this new product family with such a sizeable first order, and believe that our Edge family offerings will continue to be a significant growth driver for Silicom.&#8221;</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="line-height: 1.25;">
        <div style="text-align: center; line-height: 1.25;">***</div>
        <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
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      <div style="line-height: 1.25;">
        <div style="line-height: 1.25;"><br style="line-height: 1.25;">
        </div>
        <div style="line-height: 1.25; font-weight: bold;">About Silicom</div>
      </div>
      <div style="line-height: 1.25;">
        <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="text-align: justify; line-height: 1.25;"> <br>
        </div>
        <div style="text-align: justify; line-height: 1.25;">Silicom&#8217;s long-term, trusted relationships with more than 200 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="text-align: justify; line-height: 1.25;">For more information, please visit: <u>www.silicom.co.il</u></div>
      </div>
      <div style="line-height: 1.25;">
        <div style="line-height: 1.25;"><br style="line-height: 1.25;">
        </div>
      </div>
      <div style="line-height: 1.25;">
        <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>
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          <tr>
            <td style="width: 50%; 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: 50%; 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;">EK Global Investor Relations</div>
                <div style="line-height: 1.25; font-weight: bold;">Tel: +1 212 378 8040</div>
                <div style="line-height: 1.25;"><font style="font-weight: bold;">E-mail: </font><u><font style="font-weight: bold;">silicom@ekgir.com</font></u></div>
              </div>
            </td>
          </tr>

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        </div>
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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
