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CDNS > SEC Filings for CDNS > Form 8-K on 2-Dec-2011All Recent SEC Filings

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Form 8-K for CADENCE DESIGN SYSTEMS INC


2-Dec-2011

Change in Directors or Principal Officers, Financial Statements and Ex


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 Board's 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 Company's 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 Company's 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 October 31, 2011.


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