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 3, 2018

 

 

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))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company  ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐

 

 

 


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 3, 2018, 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 23, 2018:

 

  1. A proposal to elect the nine (9) directors named in the Proxy Statement to serve until the 2019 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

     219,844,745        1,968,548        222,641        21,735,654  

Susan L. Bostrom

     218,473,861        3,338,367        223,706        21,735,654  

Dr. James D. Plummer

     216,436,166        5,375,447        224,321        21,735,654  

Dr. Alberto Sangiovanni-Vincentelli

     217,795,408        4,048,484        192,042        21,735,654  

Dr. John B. Shoven

     212,194,754        9,057,421        783,759        21,735,654  

Roger S. Siboni

     214,141,848        7,660,996        233,090        21,735,654  

Young K. Sohn

     221,059,991        755,536        220,407        21,735,654  

Lip-Bu Tan

     215,765,011        6,093,651        177,272        21,735,654  

Mary Agnes Wilderotter

     221,274,470        557,115        204,349        21,735,654  

 

  2. A proposal to approve the amendment of the Omnibus Equity Incentive Plan. This proposal was approved as set forth below:

 

For

  

Against

  

Abstain

  

Broker Non-Votes

208,462,350

   13,318,952    254,632    21,735,654

 

  3. A proposal to approve the amendment of the Employee Stock Purchase Plan. This proposal was approved as set forth below:

 

For

  

Against

  

Abstain

  

Broker Non-Votes

221,352,836

   633,541    49,557    21,735,654

 

  4. An advisory resolution to approve named executive officer compensation. This proposal was approved as set forth below:

 

For

  

Against

  

Abstain

  

Broker Non-Votes

213,782,893

   7,927,556    325,485    21,735,654

 

  5. A proposal to ratify the selection of KPMG LLP as the independent registered public accounting firm of Cadence for its fiscal year ending December 29, 2018. This proposal was approved as set forth below:

 

For

  

Against

  

Abstain

  

Broker Non-Votes

240,490,522

   3,037,854    243,212    0

 

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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 4, 2018

 

CADENCE DESIGN SYSTEMS, INC.
By:  

/s/ James J. Cowie

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

 

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