John M. Wall - Mar 15, 2024 Form 4 Insider Report for CADENCE DESIGN SYSTEMS INC (CDNS)

Role
Sr. VP & CFO
Signature
Ahalya Hildreth, Attorney-in-Fact for John M. Wall
Stock symbol
CDNS
Transactions as of
Mar 15, 2024
Transactions value $
-$7,467,864
Form type
4
Date filed
3/19/2024, 06:17 PM
Previous filing
Mar 1, 2024
Next filing
Apr 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CDNS Common Stock Tax liability -$7.47M -25K -32.69% $298.44 51.5K Mar 15, 2024 Direct F1
transaction CDNS Common Stock Award $0 +11.2K +21.75% $0.00 62.7K Mar 15, 2024 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CDNS Non-Qualified Stock Option (right to buy) Award $0 +16.5K $0.00 16.5K Mar 15, 2024 Common Stock 16.5K $298.44 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld to satisfy tax obligations arising out of vesting of Performance Stock Award.
F2 Grant of Performance-Based Incentive Stock Award.
F3 Option vests at a rate of 1/48th per month.