Anirudh Devgan - Nov 16, 2021 Form 4 Insider Report for CADENCE DESIGN SYSTEMS INC (CDNS)

Role: President, Director
Signature: Alinka Flaminia, Attorney-in-Fact for Anirudh Devgan
Stock symbol: CDNS
Transactions as of: Nov 16, 2021
Transactions value $: -$3,830,250
Form type: 4
Date filed: 11/18/2021, 05:57 PM
Previous filing: Nov 8, 2021
Next filing: Nov 23, 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CDNS	Common Stock	Options Exercise	$770K	+25K	+11.13%	$30.79^*	250K	Nov 16, 2021	Direct	F1
transaction	CDNS	Common Stock	Sale	-$4.6M	-25K	-10.02%	$184.00	225K	Nov 16, 2021	Direct	F1

Showing 1 to 2 of 2 entries

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)	Options Exercise	$0	-25K	-50%	$0.00	25K	Nov 16, 2021	Common Stock	25K	$30.79	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 Trading Plan adopted by the Reporting Person.