Karna Nisewaner - Mar 15, 2024 Form 4 Insider Report for CADENCE DESIGN SYSTEMS INC (CDNS)

Role
SVP & General Counsel
Signature
Ahalya Hildreth, Attorney-in-Fact for Karna Nisewaner
Stock symbol
CDNS
Transactions as of
Mar 15, 2024
Transactions value $
-$374,150
Form type
4
Date filed
3/19/2024, 06:19 PM
Previous filing
Mar 5, 2024
Next filing
Apr 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CDNS Common Stock Tax liability -$277K -929 -5.28% $298.44 16.7K Mar 15, 2024 Direct F1
transaction CDNS Common Stock Award $0 +5.34K +32.02% $0.00 22K Mar 15, 2024 Direct F2
transaction CDNS Common Stock Tax liability -$96.9K -322 -1.46% $300.93 21.7K Mar 18, 2024 Direct F1

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 +7.85K $0.00 7.85K Mar 15, 2024 Common Stock 7.85K $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.