ANIRUDH DEVGAN - 16 Aug 2021 Form 4 Insider Report for CADENCE DESIGN SYSTEMS INC (CDNS)

Signature
Shirley X. Li, Attorney-in-Fact for Anirudh Devgan
Issuer symbol
CDNS
Transactions as of
16 Aug 2021
Net transactions value
-$844,498
Form type
4
Filing time
17 Aug 2021, 21:19:44 UTC
Next filing
24 Aug 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CDNS Common Tax liability $420,680 -2,770 -1.2% $151.87 235,191 16 Aug 2021 Direct F1, F2
transaction CDNS Common Sale $423,818 -2,817 -1.2% $150.45 232,374 17 Aug 2021 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 restricted stock.
F2 Amount of securities beneficially owned includes 26 shares acquired by the Reporting Person through the Employee Stock Purchase Plan on July 30, 2021.
F3 The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 Trading Plan adopted by the Reporting Person.