secwatch.observer — SEC 8-K summary
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Issuer:     CADENCE DESIGN SYSTEMS INC (CDNS)
CIK:        0000813672
Form:       8-K
Filed at:   2022-05-06T23:59:59+00:00
Accession:  0000813672-22-000026
Event type: other_material
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.07, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Cadence shareholders elect all 11 directors, reject special meetings proposal
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- All 11 director nominees elected with majority support; Lip-Bu Tan received 210.9M votes.
- Say-on-pay approved with 208.3M for (91.1%) vs 20.1M against.
- Ratification of PwC as auditor for FY2022 approved with 246.1M for, 235K against.
- Stockholder proposal on special meetings defeated with 142.7M against vs 85.6M for.
- Board committee composition updated effective May 5, 2022; Lewis Chew chairs Audit, Mark Adams chairs Compensation.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/813672/000081367222000026/0000813672-22-000026-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/813672/000081367222000026/cdns-20220505.htm
  HTML page:      https://secwatch.observer/filing/0000813672-22-000026

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer