ANIRUDH DEVGAN - 17 Mar 2025 Form 4 Insider Report for CADENCE DESIGN SYSTEMS INC (CDNS)

Role
President and CEO, Director
Signature
/s/ Ahalya Hildreth, Attorney-in-Fact for Anirudh Devgan
Issuer symbol
CDNS
Transactions as of
17 Mar 2025
Net transactions value
-$3,586,591
Form type
4
Filing time
19 Mar 2025, 18:33:03 UTC
Previous filing
08 Jan 2025
Next filing
06 May 2025
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 $2,777,127 -10,886 -19% $255.11 45,100 17 Mar 2025 Direct F1, F2
transaction CDNS Common Stock Award $0 +135,039 +299% $0.000000 180,139 17 Mar 2025 Direct F3
transaction CDNS Common Stock Tax liability $809,464 -3,173 -1.8% $255.11 176,966 17 Mar 2025 Direct F4
transaction CDNS Common Stock Award $0 +43,319 +24% $0.000000 220,285 17 Mar 2025 Direct F5
* 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-Based Incentive Stock Awards.
F2 Amount of securities beneficially owned includes 112 shares acquired by the Reporting Person through the Employee Stock Purchase Plan on January 31, 2025.
F3 Represents Performance-Based Restricted Stock Units that have met the performance criteria.
F4 Shares withheld to satisfy tax obligations arising out of vesting of Performance-Based Restricted Stock Units that have met the performance criteria.
F5 Grant of Restricted Stock Units.