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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): February 14, 2011
CADENCE DESIGN SYSTEMS, INC.
(Exact Name of Registrant as Specified in its Charter)
         
Delaware
(State or Other Jurisdiction
of Incorporation)
  000-15867
(Commission File Number)
  77-0148231
(I.R.S. Employer
Identification No.)
     
2655 Seely Avenue, Building 5
San Jose, California

(Address of Principal Executive Offices)
  95134
(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:
o   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o   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 February 16, 2011, Cadence Design Systems, Inc. (the “Company”) announced that Susan L. Bostrom had been elected to the Board of Directors of the Company (the “Board”). The Board also appointed Ms. Bostrom to serve on the Board’s Corporate Governance and Nominating Committee. Ms. Bostrom will be compensated for her services and enter into an indemnification agreement as described in the discussion of director compensation in the Company’s definitive proxy statement for its 2010 Annual Meeting of Stockholders, filed with the Securities and Exchange Commission on March 26, 2010. In connection with her appointment, Ms. Bostrom received a grant of options to purchase 6,250 shares of Cadence common stock pursuant to the Company’s 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 February 16, 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: February 16, 2011
         
  CADENCE DESIGN SYSTEMS, INC.
 
 
  By:   /s/ James J. Cowie    
    James J. Cowie   
    Senior Vice President, General Counsel and Secretary   

 


 

         
EXHIBIT INDEX
         
Exhibit No.   Description
  99.01    
Cadence Design Systems, Inc. Press Release dated February 16, 2011.