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): May 14, 2015

 

 

CADENCE DESIGN SYSTEMS, INC.

(Exact Name of Registrant as Specified in its Charter)

 

 

 

Delaware   000-15867   00-0000000

(State or Other Jurisdiction

of Incorporation)

 

(Commission

File Number)

 

(I.R.S. Employer

Identification No.)

2655 Seely Avenue, Building 5

San Jose, California

  95134
(Address of Principal Executive Offices)   (Zip Code)

(408) 943-1234

(Registrant’s telephone number, including area code)

 

 

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))

 

 

 


Item 5.07. Submission of Matters to a Vote of Security Holders.

At the Annual Meeting of Stockholders of Cadence Design Systems, Inc. (“Cadence”), held on May 14, 2015, Cadence stockholders voted on the following proposals, which are described in detail in Cadence’s Proxy Statement on Schedule 14A, which was filed with the Securities and Exchange Commission on March 27, 2015:

 

  1. A proposal to elect the nine (9) directors named in the proxy statement to serve until the 2016 Annual Meeting of Stockholders and until their successors are elected and qualified, or until the director’s earlier death, resignation or removal. This proposal was approved as set forth below:

 

Nominee

   For      Against      Abstain      Broker
Non-Votes
 

Mark W. Adams

     226,402,193         128,554         118,549         31,956,280   

Susan L. Bostrom

     219,740,304         6,105,671         803,321         31,956,280   

Dr. James D. Plummer

     225,277,670         1,255,769         115,857         31,956,280   

Dr. Alberto Sangiovanni-Vincentelli

     221,750,742         4,009,277         889,277         31,956,280   

George M. Scalise

     221,695,363         4,090,798         863,135         31,956,280   

Dr. John B. Shoven

     222,218,286         4,295,589         135,421         31,956,280   

Roger S. Siboni

     222,231,661         3,535,762         881,873         31,956,280   

Young K. Sohn

     226,375,480         143,620         130,196         31,956,280   

Lip-Bu Tan

     222,510,602         4,042,032         96,662         31,956,280   

 

  2. A proposal to approve an amendment to the Omnibus Equity Incentive Plan to increase the number of authorized shares of common stock reserved for issuance and to extend the expiration date. This proposal was approved as set forth below:

 

For

 

Against

 

Abstain

 

Broker Non-Votes

209,849,374   16,698,398   101,524   31,956,280

 

  3. A proposal to approve an advisory resolution to approve executive compensation. This proposal was approved as set forth below:

 

For

 

Against

 

Abstain

 

Broker Non-Votes

221,943,164   3,707,532   998,600   31,956,280


  4. A proposal to ratify the selection of KPMG LLP as the independent registered public accounting firm of Cadence for the fiscal year ending January 2, 2016. This proposal was approved as set forth below:

 

For

 

Against

 

Abstain

 

Broker Non-Votes

257,436,243   989,037   180,296   0


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.

Dated: May 18, 2015

 

CADENCE DESIGN SYSTEMS, INC.
By:

/s/ James J. Cowie

James J. Cowie
Senior Vice President, General Counsel and Secretary