secwatch.observer — SEC 8-K summary
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Issuer:     SYNOPSYS INC (SNPS)
CIK:        0000883241
Form:       8-K
Filed at:   2024-04-12T23:59:59+00:00
Accession:  0001193125-24-094764
Event type: other
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Synopsys shareholders approve 3.4M share increase to equity plan; reject independent chair proposal
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- Stockholders approved amendment to 2006 Employee Equity Incentive Plan, increasing share pool by 3,400,000 shares.
- Amended plan eliminates term; ISOs may be granted without further stockholder approval for 10 years.
- All 11 director nominees elected; stockholder proposal for independent board chair defeated (40.2M for, 82.6M against).
- Advisory say-on-pay passed (113.9M for, 9.0M against) and KPMG ratified as auditor for FY2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/883241/000119312524094764/0001193125-24-094764-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/883241/000119312524094764/d824566d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-094764

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