Anirudh Devgan - Mar 17, 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
Stock symbol: CDNS
Transactions as of: Mar 17, 2025
Transactions value $: -$3,586,591
Form type: 4
Date filed: 3/19/2025, 06:33 PM
Previous filing: Jan 8, 2025
Next filing: May 6, 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	-$2.78M	-10.9K	-19.44%	$255.11	45.1K	Mar 17, 2025	Direct	F1, F2
transaction	CDNS	Common Stock	Award	$0	+135K	+299.42%	$0.00	180K	Mar 17, 2025	Direct	F3
transaction	CDNS	Common Stock	Tax liability	-$809K	-3.17K	-1.76%	$255.11	177K	Mar 17, 2025	Direct	F4
transaction	CDNS	Common Stock	Award	$0	+43.3K	+24.48%	$0.00	220K	Mar 17, 2025	Direct	F5

Showing 1 to 4 of 4 entries

* 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.