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

Role: President, Director
Signature: Alinka Flaminia, Attorney-in-Fact for Anirudh Devgan
Issuer symbol: CDNS
Transactions as of: 16 Nov 2021
Net transactions value: -$3,830,250
Form type: 4
Filing time: 18 Nov 2021, 17:57:20 UTC
Previous filing: 08 Nov 2021
Next filing: 23 Nov 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	$769,750	+25,000	+11%	$30.79^*	249,596	16 Nov 2021	Direct	F1
transaction	CDNS	Common Stock	Sale	$4,600,000	-25,000	-10%	$184.00	224,596	16 Nov 2021	Direct	F1

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	-25,000	-50%	$0.000000	25,000	16 Nov 2021	Common Stock	25,000	$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.