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 | ||