NetLogic Microsystems Reports Inducement Grants Under NASDAQ Marketplace Rule 5635

NetLogic Microsystems, Inc. (NASDAQ:

) today announced that on November 7, 2011 the compensation committee of the company's board of directors approved grants to a total of 56 new employees of the company of restricted stock units representing the right to acquire up to 104,300 shares of common stock. The restricted stock units were granted as inducements material to employment under the company's 2008 New Employee Inducement Incentive Plan in accordance with NASDAQ Marketplace Rule 5635(c)(4).