| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | CDNS | Common Stock | Tax liability | $746,420 | -2,381 | -6.6% | $313.49 | 33,472 | 16 Dec 2024 | Direct | F1 |
| transaction | CDNS | Common Stock | Sale | $1,305,343 | -4,224 | -13% | $309.03 | 29,248 | 18 Dec 2024 | Direct | F2 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| Id | Content |
|---|---|
| F1 | Shares withheld to satisfy tax obligations arising out of vesting of Restricted Stock Award. |
| F2 | The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 Trading Plan adopted on 2/21/2023 by the Reporting Person. |