-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Ltr+lKvVvQNTJhChV1rcfJLiD/frHNsrpkrdWl3Gb2hw1futAItEJJVfn2p7uvmk 26p0w44XLcmR+kzVnHUeFQ== 0001104659-07-023038.txt : 20070328 0001104659-07-023038.hdr.sgml : 20070328 20070328133135 ACCESSION NUMBER: 0001104659-07-023038 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20070322 ITEM INFORMATION: Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers FILED AS OF DATE: 20070328 DATE AS OF CHANGE: 20070328 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SYNOPSYS INC CENTRAL INDEX KEY: 0000883241 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 561546236 STATE OF INCORPORATION: DE FISCAL YEAR END: 1029 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-19807 FILM NUMBER: 07723553 BUSINESS ADDRESS: STREET 1: 700 E MIDDLEFIELD RD CITY: MOUNTAIN VIEW STATE: CA ZIP: 94043-4033 BUSINESS PHONE: 6509625000 MAIL ADDRESS: STREET 1: 700 E MIDDLEFIELD RD CITY: MOUNTAIN VIEW STATE: CA ZIP: 94043-4033 8-K 1 a07-9265_18k.htm 8-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of

the Securities Exchange Act of 1934

 

March 22, 2007

Date of Report (date of earliest event reported)

 

SYNOPSYS, INC.

(Exact name of Registrant as specified in charter)

 

Delaware

 

000-19807

 

56-1546236

(State or other jurisdiction

 

(Commission File Number)

 

(I.R.S. Employer

of incorporation)

 

 

 

Identification No.)

 

700 East Middlefield Road

Mountain View, California 94043

(Address of principal executive offices)

 

Registrant’s telephone number, including area code: (650) 584-5000

 

N/A

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

o  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 



 

Item 5.02   Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; CompensatoryArrangements of Certain Officers.

 

On March 22, 2007, the Compensation Committee of Synopsys, Inc. (the “Company”) approved the principal terms of a Relocation Assistance Package (the “Package”) for Joseph W. Logan, Senior Vice President, Worldwide Sales (“Executive”), with a total value not to exceed $250,000.  Pursuant to the Package, the Company would pay Executive, or reimburse on Executive’s behalf, certain eligible expenses incurred as a result of relocating Executive’s current primary residence from Massachusetts to a primary residence near the Company’s California Headquarters location. The elements of the Package shall include:

1.               Closing costs relating to the sale of Executive’s existing primary residence and purchase of a new primary residence;

2.               Personal transportation costs, including airfare and moving services with respect to Executive, Executive’s immediate family and personal property;

3.               Mortgage interest payments on existing and/or a new primary residence; and,

4.               Federal and state taxes owed by Executive as a result of the payments described above being treated as income received by Executive.

The Company may be entitled to recoup expenses advanced under the Package in whole or in part should Executive’s employment terminate prior to the two-year anniversary date of the Package.



 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Date: March 28, 2007

 

SYNOPSYS, INC.

 

 

 

 

 

 

 

 

/s/ Brian E. Cabrera

 

 

 

 

Brian E. Cabrera

 

 

Vice President, General Counsel

 

 

and Corporate Secretary

 


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