UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or15(d) of the Securities Exchange Act of 1934
November 30, 2004
Date of Report (Date of earliest event reported)
SYNAPTICS INCORPORATED
(Exact Name of Registrant as Specified in Charter)
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| DELAWARE | | 000-49602 | | 77-0118518 |
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(State or Other
Jurisdiction of Incorporation) | | (Commission File Number) | | (IRS Employer
Identification No.) |
2381 BERING DRIVE
SAN JOSE, CALIFORNIA
95131
(Address of Principal Executive Offices) (Zip Code)
(408) 434-0110
(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 (seeGeneral Instruction A.2. below):
| [ ] | | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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| [ ] | | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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| [ ] | | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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| [ ] | | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 1.01 Entry into a Material Definitive Agreement.
On November 30, 2004, Synaptics Incorporated (the “Company”) executed a Loan Modification Agreement (the “Agreement”) effective as of November 28, 2004, which amended its senior credit facility with Silicon Valley Bank to increase the amount available under the credit line from $10,000,000 to $15,000,000. The Agreement modifies a Loan and Security Agreement dated as of August 30, 2001, as amended from time to time (the “Loan and Security Agreement”). Pursuant to the Loan and Security Agreement, the Company has granted a security interest to Silicon Valley Bank in all of the Company’s goods, equipment, contract rights, intangibles, accounts, and cash now owned or later acquired, other than patents and certain other intellectual property rights. The Company currently has no outstanding indebtedness under this credit facility.
Item 9.01. Financial Statements and Exhibits.
| (a) | | Financial Statements of Business Acquired.
Not applicable. |
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| (b) | | Pro Forma Financial Information.
Not applicable. |
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| (c) | | Exhibits.
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| Exhibit | | |
Number
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| 10.16 | | Loan and Security Agreement, dated as of August 30, 2001, by and between the Registrant and Silicon Valley Bank, as amended through November 30, 2004 |
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.
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| | SYNAPTICS INCORPORATED
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| Date: December 3, 2004 | By: | /s/ Russ J. Knittel | |
| | | Russ J. Knittel | |
| | | Senior Vice President, Chief Financial Officer, Chief Administrative Officer, and Secretary | |
EXHIBIT INDEX
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| 10.16 | | Loan and Security Agreement, dated as of August 30, 2001, by and between the Registrant and Silicon Valley Bank, as amended through November 30, 2004 |
