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): October 31, 2011
CADENCE DESIGN SYSTEMS, INC.
(Exact Name of Registrant as Specified in its Charter)
Delaware | 000-15867 | 77-0148231 | ||
(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
(Registrants 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 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On October 31, 2011, Cadence Design Systems, Inc. (the Company) announced that James D. Plummer, Ph.D. had been elected to the Board of Directors of the Company (the Board). The Board also appointed Dr. Plummer to serve on the Boards Audit Committee and Corporate Governance and Nominating Committee. Dr. Plummer will be compensated for his services and enter into an indemnification agreement as described in the discussion of director compensation in the Companys definitive proxy statement for its 2011 Annual Meeting of Stockholders, filed with the Securities and Exchange Commission on March 28, 2011. In connection with his appointment, Dr. Plummer received the grant of an option to purchase 12,500 shares of the Companys common stock pursuant to the Companys 1995 Directors Stock Option Plan.
Item 9.01. Financial Statements and Exhibits.
(d) | Exhibits. |
Exhibit No. |
Description | |
99.01 | Cadence Design Systems, Inc. Press Release dated October 31, 2011. |
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: October 31, 2011
CADENCE DESIGN SYSTEMS, INC. | ||
By: | /s/ James J. Cowie | |
James J. Cowie Senior Vice President and General Counsel |
EXHIBIT INDEX
Exhibit No. |
Description | |
99.01 | Cadence Design Systems, Inc. Press Release dated October 31, 2011. |