Mark Adams - Dec 7, 2021 Form 4 Insider Report for CADENCE DESIGN SYSTEMS INC (CDNS)

Role
Director
Signature
Alinka Flaminia, Attorney-in-Fact for Mark W. Adams
Stock symbol
CDNS
Transactions as of
Dec 7, 2021
Transactions value $
-$1,091,853
Form type
4
Date filed
12/9/2021, 05:04 PM
Previous filing
Oct 22, 2021
Next filing
Dec 13, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CDNS Common Stock Gift $0 -2.41K -63.66% $0.00 1.38K Feb 24, 2021 Direct F1
transaction CDNS Common Stock Gift $0 +2.41K +11.49% $0.00 23.4K Feb 24, 2021 By Trust F1, F2
transaction CDNS Common Stock Gift $0 -6K -25.63% $0.00 17.4K Dec 7, 2021 By Trust F2, F3
transaction CDNS Common Stock Gift $0 +6K +435.73% $0.00 7.38K Dec 7, 2021 Direct F3
transaction CDNS Common Stock Sale -$36.1K -200 -2.71% $180.62 7.18K Dec 7, 2021 Direct F4, F5
transaction CDNS Common Stock Sale -$921K -5.06K -70.56% $181.91 2.11K Dec 7, 2021 Direct F4, F6
transaction CDNS Common Stock Sale -$135K -736 -34.83% $182.80 1.38K Dec 7, 2021 Direct F4, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares transferred from the Reporting Person to Adams Family Trust dated 10/27/2000.
F2 Shares held by the Adams Family Trust dated 10/27/2000.
F3 Shares transferred from the Adams Family Trust dated 10/27/2000 to the Reporting Person.
F4 The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 Trading Plan adopted by the Reporting Person.
F5 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $180.49 to $180.75, 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.
F6 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $181.68 to $182.65, 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.
F7 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $182.68 to $182.97, 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.