JOHN M. WALL - 15 Mar 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
Issuer symbol
CDNS
Transactions as of
15 Mar 2024
Net transactions value
-$7,467,864
Form type
4
Filing time
19 Mar 2024, 18:17:10 UTC
Previous filing
01 Mar 2024
Next filing
02 Apr 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CDNS Common Stock Tax liability $7,467,864 -25,023 -33% $298.44 51,529 15 Mar 2024 Direct F1
transaction CDNS Common Stock Award $0 +11,206 +22% $0.000000 62,735 15 Mar 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 +16,490 $0.000000 16,490 15 Mar 2024 Common Stock 16,490 $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.