secwatch.observer — SEC 8-K summary
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Issuer:     SYNOPSYS INC (SNPS)
CIK:        0000883241
Form:       8-K
Filed at:   2023-12-13T23:59:59+00:00
Accession:  0001193125-23-294381
Event type: other_material
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Synopsys amends bylaws: lowers special meeting threshold to 15% of outstanding shares
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- Reduced requisite percentage to call special stockholder meeting from 20% to 15% of outstanding shares.
- Clarified disclosure and procedural requirements for stockholder director nominations.
- Adopted administrative changes aligning with SEC universal proxy rules and recent Delaware law updates.
- Other minor clarifying and conforming changes made to the bylaws.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/883241/000119312523294381/0001193125-23-294381-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/883241/000119312523294381/d602070d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-294381

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