JOHN M. WALL - 01 Dec 2021 Form 4 Insider Report for CADENCE DESIGN SYSTEMS INC (CDNS)

Role: Sr. VP & CFO
Signature: Alinka Flaminia, Attorney-in-Fact for John M. Wall
Issuer symbol: CDNS
Transactions as of: 01 Dec 2021
Net transactions value: -$941,838
Form type: 4
Filing time: 03 Dec 2021, 18:19:33 UTC
Previous filing: 24 Aug 2021
Next filing: 17 Dec 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	Sale	$221,919	-1,233	-0.95%	$179.98	127,997	01 Dec 2021	Direct	F1, F2
transaction	CDNS	Common Stock	Sale	$719,919	-4,000	-3.1%	$179.98	123,997	01 Dec 2021	Direct	F1, F2

* 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.
F2	The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $179.88 to $180.74, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Content

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

The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $179.88 to $180.74, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.