SEC Form S-8 filed by Cadence Design Systems Inc.
$CDNS
Computer Software: Prepackaged Software
Technology
As filed with the Securities and Exchange Commission on October 29, 2024 | ||
Registration No. 333-
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM S-8
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
UNDER
THE SECURITIES ACT OF 1933
CADENCE DESIGN SYSTEMS, INC.
(Exact name of registrant as specified in its charter)
Delaware (State or other jurisdiction of incorporation or organization) | 00-0000000 (I.R.S. Employer Identification No.) | ||||
2655 Seely Avenue, Building 5
San Jose, California 95134
(Address of Principal Executive Offices) (Zip Code)
Amended and Restated Employee Stock Purchase Plan
(Full title of the plan)
Karna Nisewaner
Senior Vice President, General Counsel and Corporate Secretary
Cadence Design Systems, Inc.
2655 Seely Avenue, Building 5
San Jose, California 95134
(Name and address of agent for service)
(408) 943-1234
(Telephone number, including area code, of agent for service)
Copy to:
Mark M. Bekheit
Tad J. Freese
Kathleen M. Wells
Latham & Watkins LLP
140 Scott Drive
Menlo Park, California 94025
(650) 328-4600
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.
| Large accelerated filer | ☒ | Accelerated filer | ☐ | ||||||||
| Non-accelerated filer | ☐ | Smaller reporting company | ☐ | ||||||||
| Emerging growth company | ☐ | ||||||||||
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the Securities Act. ☐ | ||
EXPLANATORY NOTE
This Registration Statement on Form S-8 (this “Registration Statement”) is being filed by Cadence Design Systems, Inc., a Delaware corporation (the “Registrant”), for the purpose of registering an additional 3,500,000 shares of its common stock, par value $0.01 per share (the “Common Stock”), to be issued to eligible employees of the Registrant and its affiliates pursuant to the Registrant’s Amended and Restated Employee Stock Purchase Plan (the “ESPP”). These additional shares of Common Stock are additional securities of the same class as other securities relating to the ESPP for which registration statements on Form S-8 (File Nos. 333-34599, 333-65116, 333-101693, 333-116681, 333-135003, 333-150948, 333-159486, 333-188449 and 333-226293) are effective. In accordance with Section E of the General Instructions to Form S-8, the contents of the above-referenced prior registration statements are incorporated into this Registration Statement by reference to the extent not modified or superseded hereby or by any subsequently filed document, which is incorporated by reference herein or therein.
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item 3. Incorporation of Documents by Reference
(a)The following documents filed by the Registrant with the Securities and Exchange Commission (the “SEC”) are incorporated by reference in this Registration Statement to the extent not replaced hereby: The Registrant’s Annual Report on Form 10-K for the year ended December 31, 2023, which includes audited financial statements for the Registrant’s latest fiscal year, filed with the SEC on February 14, 2024;
(b)All other reports filed pursuant to Section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), since the end of the fiscal year covered by the Registrant’s Annual Report referred to in (a) above; and
(c)The description of the Registrant’s Common Stock contained in Exhibit 4.4 of the Registrant’s Annual Report on Form 10-K for the fiscal year ended December 31, 2023, filed with the SEC on February 14, 2024, including any amendment or report filed for the purpose of updating such description.
In addition, all documents that the Company subsequently files pursuant to Sections 13(a), 13(c), 14 and 15(d) of the Exchange Act, after the date of this Registration Statement, prior to the filing of a post-effective amendment to this Registration Statement indicating that all securities offered have been sold or which deregisters all securities then remaining unsold, shall be deemed to be incorporated by reference into this Registration Statement and to be a part hereof from the date of filing of such documents. Notwithstanding the foregoing, the Registrant is not incorporating by reference any documents, portions of documents, exhibits or other information that is deemed to have been “furnished” to, rather than “filed” with, the SEC.
Any statement contained in a document incorporated or deemed to be incorporated by reference herein shall be deemed to be modified or superseded for purposes of this Registration Statement to the extent that a statement contained herein or in any subsequently filed document that also is deemed to be incorporated by reference herein modifies or supersedes such statement. Any such statement so modified or superseded shall not be deemed, except as so modified or superseded, to constitute a part of this Registration Statement.
Item 8. Exhibits
| Exhibit Number | Description | Incorporated By Reference | ||||||||||||||||||
| Form | File No. | Exhibit No. | Filing Date | Provided Herewith | ||||||||||||||||
4.1 | 8-K | 000-15867 | 3.1 | 5/6/2024 | ||||||||||||||||
4.2 | 8-K | 000-15867 | 3.1 | 11/3/2022 | ||||||||||||||||
4.3 | Specimen Certificate of the Registrant’s Common Stock. | S-4 | 033-43400 | 4.01 | 10/17/1991 | (P) | ||||||||||||||
5.1 | X | |||||||||||||||||||
23.1 | ||||||||||||||||||||
23.2 | X | |||||||||||||||||||
24.1 | X | |||||||||||||||||||
99.1 | DEF 14A | 000-15867 | Appendix A | 3/21/2024 | ||||||||||||||||
107.1 | X | |||||||||||||||||||
(P) Paper exhibit.
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, as amended, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of San Jose, State of California, on this 29th day of October, 2024.
| CADENCE DESIGN SYSTEMS, INC. | ||||||||
By: | /s/ Anirudh Devgan | |||||||
Anirudh Devgan | ||||||||
President and Chief Executive Officer | ||||||||
POWER OF ATTORNEY
KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature appears below constitutes and appoints Anirudh Devgan, John M. Wall and Karna Nisewaner, and each of them, his or her true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution, for him or her and in his or her name, place and stead, in any and all capacities, to sign any and all amendments (including post-effective amendments) to this Registration Statement, and to file the same, with all exhibits thereto, and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do and perform each and every act and thing requisite and necessary to be done in connection therewith, as fully to all intents and purposes as he or she might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents, or any of them, or their or his or her substitutes or substitute, may lawfully do or cause to be done by virtue hereof.
Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities and on the dates indicated.
/s/ Anirudh Devgan | President, Chief Executive Officer and Director (Principal Executive Officer) | October 29, 2024 | ||||||
Anirudh Devgan | ||||||||
/s/ John M. Wall | Senior Vice President and Chief Financial Officer (Principal Financial Officer and Principal Accounting Officer) | October 29, 2024 | ||||||
John M. Wall | ||||||||
/s/ Mary Louise Krakauer | Chair of the Board of Directors | October 29, 2024 | ||||||
Mary Louise Krakauer | ||||||||
/s/ Mark W. Adams | Director | October 29, 2024 | ||||||
Mark W. Adams | ||||||||
/s/ Ita Brennan | Director | October 29, 2024 | ||||||
Ita Brennan | ||||||||
/s/ Lewis Chew | Director | October 29, 2024 | ||||||
Lewis Chew | ||||||||
/s/ Julia Liuson | Director | October 29, 2024 | ||||||
Julia Liuson | ||||||||
/s/ James D. Plummer | Director | October 29, 2024 | ||||||
James D. Plummer | ||||||||
/s/ Alberto Sangiovanni-Vincentelli | Director | October 29, 2024 | ||||||
Alberto Sangiovanni-Vincentelli | ||||||||
/s/ Young K. Sohn | Director | October 29, 2024 | ||||||
Young K. Sohn | ||||||||