<SEC-DOCUMENT>0001178913-23-001509.txt : 20230424
<SEC-HEADER>0001178913-23-001509.hdr.sgml : 20230424
<ACCEPTANCE-DATETIME>20230424081524
ACCESSION NUMBER:		0001178913-23-001509
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20230424
FILED AS OF DATE:		20230424
DATE AS OF CHANGE:		20230424

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:		23837986

	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>zk2329566.htm
<DESCRIPTION>6-K
<TEXT>
<html>
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    <title></title>
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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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        <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 April 2023</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;"> <br>
      </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> <br>
      </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;" class="BRPFPageBreakArea">
        <div style="page-break-after: always;" class="BRPFPageBreak">
          <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="line-height: 1.25;">On April 24, 2023, the Registrant issued a press release: &#8220;Tier 1 cyber security vendor selects 2 Silicom cards&#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 style="line-height: 1.25;">
        <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; color: #000000; width: 100%;" id="z98b1dc572a9d4587bb0623700189ff4d">

            <tr>
              <td style="width: 10%;">
                <div><a href="exhibit_99-1.htm">Exhibit 99.1</a></div>
              </td>
              <td style="width: 90%;">
                <div><a href="exhibit_99-1.htm">Press Release <br>
                  </a></div>
              </td>
            </tr>

        </table>
      </div>
      <div style="line-height: 1.25;"><br>
        </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="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div style="page-break-after: always;" class="BRPFPageBreak">
          <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: 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>
      <div style="line-height: 1.25">
        <table cellspacing="0" cellpadding="0" border="0" style="width: 100%; border-collapse: separate; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">

            <tr>
              <td valign="top" style="width: 50%;">&#160;</td>
              <td valign="top" style="width: 38%;" colspan="2">
                <div><font style="font-weight: bold;">SILICOM LTD.</font></div>
                <div>(Registrant)</div>
              </td>
              <td valign="top" style="width: 12%;">&#160;</td>
            </tr>
            <tr>
              <td valign="top" style="width: 50%;">&#160;</td>
              <td valign="top" style="width: 3%;">&#160;</td>
              <td valign="top" style="width: 35%;">&#160;</td>
              <td valign="top" style="width: 12%;">&#160;</td>
            </tr>
            <tr>
              <td valign="top" align="left" style="width: 50%; padding-bottom: 2px;">
                <div align="left" style="margin-left: 0pt; text-indent: 0pt; margin-right: 0pt">Date: April 24, 2023</div>
              </td>
              <td valign="top" style="width: 3%; padding-bottom: 2px;">
                <div align="left" style="margin-left: 0pt; text-indent: 0pt; margin-right: 0pt">By: </div>
              </td>
              <td valign="top" nowrap="nowrap" align="left" style="width: 35%; border-bottom: #000000 2px solid">/s/ Eran Gilad</td>
              <td valign="top" style="width: 12%; padding-bottom: 2px;">&#160;</td>
            </tr>
            <tr>
              <td valign="top" style="width: 50%;">&#160;</td>
              <td valign="top" style="width: 3%;" rowspan="1" colspan="2">Eran Gilad</td>
              <td valign="top" style="width: 12%;">&#160;</td>
            </tr>
            <tr>
              <td valign="top" style="width: 50%;">&#160;</td>
              <td valign="top" style="width: 3%;" rowspan="1" colspan="2">Chief Financial Officer</td>
              <td valign="top" style="width: 12%;">&#160;</td>
            </tr>

        </table>
      </div>
      <div style="text-align: center; line-height: 1.25;">&#160;</div>
      <div style="line-height: 1.25">
        <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>
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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>exhibit_99-1.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
<html>
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    <title></title>
    <!-- Licensed to: company
         Document created using Broadridge PROfile 23.3.1.5138
         Copyright 1995 - 2023 Broadridge -->
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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 style="text-align: right;"><u><font style="font-weight: bold;">Exhibit 99.1</font></u><br>
    </div>
    <div><u><font style="font-weight: bold;"> </font></u><br>
      <div style="line-height: 1.25;">
        <div style="text-align: center; line-height: 1.25;"><img width="230" height="83" src="image0.jpg"></div>
        <div style="line-height: 1.25;"><br style="line-height: 1.25;">
        </div>
      </div>
      <div style="line-height: 1.25;">
        <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>
      <div style="text-align: center; line-height: 1.25; font-weight: bold;"><font style="font-size: 12pt; font-family: 'Times New Roman',Times,serif;"><u>Tier 1 Cyber Security Vendor</u><br>
        <u>Selects 2 Silicom Cards</u></font></div>
      <div style="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; April 24, 2023 -
          Silicom Ltd. (NASDAQ: <u>SILC</u>), </font>a
        leading provider of networking and data infrastructure solutions, today announced that a Tier 1, US-based cyber security vendor has awarded Silicom two NIC Design Wins: one for an advanced encryption offload acceleration card, and the other for an
        FPGA-based SmartNIC. Both will be incorporated into two of the customer&#8217;s next-generation solutions designed to help its customers, including some of the world&#8217;s largest, most advanced organizations, secure and optimize their networks and
        applications in the cloud, on premise or at the edge. The customer has indicated that both design wins will be ramping up during the second half of this year, with mass deployment beginning in 2024.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; line-height: 1.25;">&#8220;We are proud that that this cyber security giant is turning to Silicom for the specialized hardware it needs to build its next
        generation platforms,&#8221; commented Liron Eizenman, Silicom&#8217;s CEO. &#8220;This speaks volumes about the innovation of our technology, our broad portfolio, the uniqueness of our full-service &#8216;package&#8217;, and the reputation we have earned as the &#8216;go to&#8217; source
        for performance-booster solutions.&#8221;</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; line-height: 1.25;">Mr. Eizenman continued, &#8220;The fact that we have secured these two important Design Wins, both of which are critical to the performance
        of the customer&#8217;s solutions, confirms again our strategy of creating a broad offering perfectly positioned to address our target customers&#8217; critical needs.&#160;It also
        demonstrates the ongoing power of our traditional product lines to continue playing an important role in our growth.&#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="line-height: 1.25;"><br style="line-height: 1.25;">
        </div>
      </div>
      <div style="line-height: 1.25;">
        <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.<br>
          <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>
      </div>
      <table cellspacing="0" cellpadding="0" id="zef598af4668f49b480ecae052b376543" 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;">
                <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>
