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  		UNITED STATES<BR>
  	SECURITIES AND EXCHANGE COMMISSION
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  	WASHINGTON, D.C. 20549
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  	FORM 8-K
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  	CURRENT REPORT
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  	Pursuant to Section&nbsp;13 or 15(d) of the Securities Exchange Act of 1934
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  	Date of Report (Date of Earliest Event Reported):
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  	&nbsp;
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  	November 15, 2006
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  	Hyperion Solutions Corporation
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  <BR>__________________________________________<BR>
  	(Exact name of registrant as specified in its charter)
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  	Delaware
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  	000-26934
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  	77-0277772
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  _____________________<BR>
  	(State or other jurisdiction
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  _____________<BR>
  	(Commission
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  ______________<BR>
  	(I.R.S. Employer
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  	of incorporation)
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  	File Number)
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  	Identification No.)
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  	&nbsp;&nbsp;
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  	5450 Great America Parkway, Santa Clara, California
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  	&nbsp;
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  	95054
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  _________________________________<BR>
  	(Address of principal executive offices)
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  	&nbsp;
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  ___________<BR>
  	(Zip Code)
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  	Registrant&#146;s telephone number, including area code:
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  	&nbsp;
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  	408-744-9500
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  	Not Applicable
  <BR>______________________________________________<BR>
  	Former name or former address, if changed since last report
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  	&nbsp;
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  <!-- CoverPageRegistrant END --><P><FONT SIZE="2">
  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:</FONT>
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  <P><FONT SIZE="2">
  [&nbsp;&nbsp;]&nbsp;&nbsp;Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)<br>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)<br>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))<br>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))<br>
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  <B>
  	Item 1.01 Entry into a Material Definitive Agreement.
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  Amendment to the 2004 Equity Incentive Plan.<br><br>	On October 9, 2006 the Board of Directors of Hyperion Solutions Corporation (the "Company") approved amendments to the 2004 Equity Incentive Plan (the "Amended Plan"), a copy of which is attached hereto as Exhibit 10.1 and on November 15, 2006, at the annual meeting of the Company&#x2019;s stockholders, the stockholders approved the Amended Plan.  The amendments:<br><br>	(1) increased the number of shares reserved for issuance by 1,500,000 shares;<br><br>	(2) approved two administrative amendments that (1) clarified that Stock Awards that must vest completely over a specified time frame from the date of grant (e.g., a minimum of three years in the case of shares that vest based upon continued service) may begin vesting immediately from the date of grant so long as the total vesting period for the entire grant, complies with the specified requirement; and (2) clarified the Board&#x2019;s intent to make the 2004 Plan&#x2019;s antidilution provisions mandatory in the event of a change in capital structure.  Shareholder approval was neither required nor sought for these administrative changes; and <br><br>	(3) approved amendments to (1) use the additional 1,500,000 shares for any type of Award (e.g., Stock Award, Option) under the 2004 Plan, and (2) ensure that certain payments to employees under the 2004 Plan qualify as "performance-based compensation" pursuant to Section 162(m) of the Internal Revenue Code.  In order to ensure that awards granted under the 2004 Plan constitute qualified performance-based compensation eligible for such exceptions for purposes of Section 162(m), the amendments approved by the Board (i) limit the amount of cash awards available for grant to any employee under the 2004 Plan to a maximum of $5,000,000 per fiscal year of the Company, and (ii) limit the amount of restricted stock awards available for grant to any one employee under the 2004 Plan to a maximum of $500,000 per fiscal year of the Company.<br>
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  	Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.
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  (a) Amendment to Bylaws.<br><br>On November 15, 2006 the Board of Directors voted to amend and restate the Company&#x2019;s bylaws (the "Amended and Restated Bylaws"), effective immediately.<br><br>The Amended and Restated Bylaw revisions in Article III include such things as (i) telephonic attendance of Board meetings; (ii) electronic notice of special board meetings; and (iii) electronic communications to serve the same purpose as an original hard-copy documents while revisions in Article IV include (i) delivery of notices in electronic communications; (ii) electronic communications to constitute valid notice to stockholders if consented to by the stockholder; and (iii) electronic waivers of notices.  Finally revisions to Article VI include a revision to allow for the Company to identify shareholder&#x2019;s ownership through uncertificated shares.<br><br>The descriptions of the changes in the provisions of the Amended and Restated Bylaws contained in this report are qualified in their entirety by reference to the full text of the prior Amended and Restated Bylaws, a copy of which was filed with the Commission on November 21, 2005 as Exhibit 3.1 to the Current Report on Form 8-K, and incorporated herein by reference, on July 13, 1998 as Exhibit 3.3 to the Registration Statement on Form S-4/A and incorporated herein by reference, the 1998 Certificate of Amendment to the prior Amended and Restated Bylaws, a copy of which was filed with the Commission on July 13, 1998 as Exhibit 3.4 to the Company&#x2019;s Registration Statement on Form S-4/A, and incorporated herein by reference and the new Amended and Restated Bylaws, a copy of which is attached hereto as Exhibit 3.1.<br>
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  <B>
  	Item 9.01 Financial Statements and Exhibits.
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  (d)	Exhibits<br><br>3.1     Amended and Restated Bylaws of Hyperion Solutions Corporation<br><br>10.1    2004 Equity Incentive Plan of Hyperion Solutions, as amended   <br><br>
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  	SIGNATURES
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  	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.
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  	Hyperion Solutions Corporation
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  	&nbsp;&nbsp;
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  <I>
  	November 20, 2006
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  <I>
  	By:
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  <I>
  	/s/Robin Washington
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  	&nbsp;
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  <I>
  	Name: Robin Washington
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  	&nbsp;
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  <I>
  	Title: Chief Financial Officer
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  	Exhibit&nbsp;Index
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  	Exhibit No.
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  	Description
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  	3.1
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  	&nbsp;
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  Amended and Restated Bylaws of Hyperion Solutions Corporation
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  	10.1
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  	&nbsp;
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  2004 Equity Incentive Plan of Hyperion Solutions Corporation, as amended
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metadata_documents: [{"type": "8-K", "sequence": "1", "filename": "htm_16541.htm", "description": "LIVE FILING", "secsgml_size_bytes": 14153}]
metadata_filer: {"company-data": {"conformed-name": "HYPERION SOLUTIONS CORP", "cik": "0001001113", "assigned-sic": "7372", "irs-number": "770277772", "state-of-incorporation": "DE", "fiscal-year-end": "0630"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-26934", "film-number": "061230287"}, "business-address": {"street1": "5450 GREAT AMERICA PARKWAY", "city": "SANTA CLARA", "state": "CA", "zip": "95054", "phone": "408-744-9500"}, "mail-address": {"street1": "5450 GREAT AMERICA PARKWAY", "city": "SANTA CLARA", "state": "CA", "zip": "95054"}, "former-company": {"former-conformed-name": "ARBOR SOFTWARE CORP", "date-changed": "19950919"}}
text: Hyperion Solutions Corporation (Form: 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
  Date of Report (Date of Earliest Event Reported):
  November 15, 2006
  Hyperion Solutions Corporation
  __________________________________________
  (Exact name of registrant as specified in its charter)
  Delaware
  000-26934
  77-0277772
  _____________________
  (State or other jurisdiction
  _____________
  (Commission
  ______________
  (I.R.S. Employer
  of incorporation)
  File Number)
  Identification No.)
  5450 Great America Parkway, Santa Clara, California
  95054
  _________________________________
  (Address of principal executive offices)
  ___________
  (Zip Code)
  Registrant's telephone number, including area code:
  408-744-9500
  Not Applicable
  ______________________________________________
  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:
  [  ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
  [  ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
  [  ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
  [  ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
  Top of the Form
  Item 1.01 Entry into a Material Definitive Agreement.
  Amendment to the 2004 Equity Incentive Plan.
  On October 9, 2006 the Board of Directors of Hyperion Solutions Corporation (the "Company") approved amendments to the 2004 Equity Incentive Plan (the "Amended Plan"), a copy of which is attached hereto as Exhibit 10.1 and on November 15, 2006, at the annual meeting of the Company's stockholders, the stockholders approved the Amended Plan.  The amendments:
  (1) increased the number of shares reserved for issuance by 1,500,000 shares;
  (2) approved two administrative amendments that (1) clarified that Stock Awards that must vest completely over a specified time frame from the date of grant (e.g., a minimum of three years in the case of shares that vest based upon continued service) may begin vesting immediately from the date of grant so long as the total vesting period for the entire grant, complies with the specified requirement; and (2) clarified the Board's intent to make the 2004 Plan's antidilution provisions mandatory in the event of a change in capital structure.  Shareholder approval was neither required nor sought for these administrative changes; and
  (3) approved amendments to (1) use the additional 1,500,000 shares for any type of Award (e.g., Stock Award, Option) under the 2004 Plan, and (2) ensure that certain payments to employees under the 2004 Plan qualify as "performance-based compensation" pursuant to Section 162(m) of the Internal Revenue Code.  In order to ensure that awards granted under the 2004 Plan constitute qualified performance-based compensation eligible for such exceptions for purposes of Section 162(m), the amendments approved by the Board (i) limit the amount of cash awards available for grant to any employee under the 2004 Plan to a maximum of $5,000,000 per fiscal year of the Company, and (ii) limit the amount of restricted stock awards available for grant to any one employee under the 2004 Plan to a maximum of $500,000 per fiscal year of the Company.
  Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.
  (a) Amendment to Bylaws.
  On November 15, 2006 the Board of Directors voted to amend and restate the Company's bylaws (the "Amended and Restated Bylaws"), effective immediately.
  The Amended and Restated Bylaw revisions in Article III include such things as (i) telephonic attendance of Board meetings; (ii) electronic notice of special board meetings; and (iii) electronic communications to serve the same purpose as an original hard-copy documents while revisions in Article IV include (i) delivery of notices in electronic communications; (ii) electronic communications to constitute valid notice to stockholders if consented to by the stockholder; and (iii) electronic waivers of notices.  Finally revisions to Article VI include a revision to allow for the Company to identify shareholder's ownership through uncertificated shares.
  The descriptions of the changes in the provisions of the Amended and Restated Bylaws contained in this report are qualified in their entirety by reference to the full text of the prior Amended and Restated Bylaws, a copy of which was filed with the Commission on November 21, 2005 as Exhibit 3.1 to the Current Report on Form 8-K, and incorporated herein by reference, on July 13, 1998 as Exhibit 3.3 to the Registration Statement on Form S-4/A and incorporated herein by reference, the 1998 Certificate of Amendment to the prior Amended and Restated Bylaws, a copy of which was filed with the Commission on July 13, 1998 as Exhibit 3.4 to the Company's Registration Statement on Form S-4/A, and incorporated herein by reference and the new Amended and Restated Bylaws, a copy of which is attached hereto as Exhibit 3.1.
  Item 9.01 Financial Statements and Exhibits.
  (d)	Exhibits
  3.1     Amended and Restated Bylaws of Hyperion Solutions Corporation
  10.1    2004 Equity Incentive Plan of Hyperion Solutions, as amended
  Top of the Form
  SIGNATURES
  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.
  Hyperion Solutions Corporation
  November 20, 2006
  By:
  /s/Robin Washington
  Name: Robin Washington
  Title: Chief Financial Officer
  Top of the Form
  Exhibit Index
  Exhibit No.
  Description
  3.1
  Amended and Restated Bylaws of Hyperion Solutions Corporation
  10.1
  2004 Equity Incentive Plan of Hyperion Solutions Corporation, as amended