UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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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): April 22, 2005
BMC SOFTWARE, INC.
(Exact Name of Registrant as Specified in Its Charter)
DELAWARE 001-16393 74-2126120
(State of Incorporation) (Commission File Number) (I.R.S. Employer
Identification Number)
2101 CITYWEST BLVD.
HOUSTON, TEXAS 77042-2827
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (713) 918-8800
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 204.14d-2(b))
[ ] 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 April 22, 2005, the Board of Directors of BMC Software, Inc. (the "Company")
approved revisions to the cash compensation for non-employee directors.
Effective April 1, 2005, directors will be paid annual retainers, in lieu of
meeting fees, for their service on Board Committees as follow:
<Table>
<Caption>
Committee Chair Retainer Member Retainer
- ---------------------------------------- -------------------------------------- --------------------------------------
Audit $22,000 $13,000
- ---------------------------------------- -------------------------------------- --------------------------------------
Compensation $16,000 $9,000
- ---------------------------------------- -------------------------------------- --------------------------------------
Governance & Nominating $10,000 $6,000
- ---------------------------------------- -------------------------------------- --------------------------------------
M&A Committee $10,000 $6,000
- ---------------------------------------- -------------------------------------- --------------------------------------
</Table>
The Board also eliminated the $1,000 fee per day for days spent by non-employee
directors, outside of Board or committee meetings, working at the Company on
Board matters or traveling on Board matters. All other Board retainers and
meeting fees for full Board meetings remain unchanged.
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SIGNATURE
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.
Date: April 22, 2005
BMC SOFTWARE, INC.
By: /s/ ROBERT H. WHILDEN, JR.
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Robert H. Whilden, Jr.
Senior Vice President, General
Counsel and Secretary
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