Mark Adams - 07 Dec 2021 Form 4 Insider Report for CADENCE DESIGN SYSTEMS INC (CDNS)

Role
Director
Signature
Alinka Flaminia, Attorney-in-Fact for Mark W. Adams
Issuer symbol
CDNS
Transactions as of
07 Dec 2021
Net transactions value
-$1,091,853
Form type
4
Filing time
09 Dec 2021, 17:04:18 UTC
Previous filing
22 Oct 2021
Next filing
13 Dec 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CDNS Common Stock Gift $0 -2,412 -64% $0.000000 1,377 24 Feb 2021 Direct F1
transaction CDNS Common Stock Gift $0 +2,412 +11% $0.000000 23,407 24 Feb 2021 By Trust F1, F2
transaction CDNS Common Stock Gift $0 -6,000 -26% $0.000000 17,407 07 Dec 2021 By Trust F2, F3
transaction CDNS Common Stock Gift $0 +6,000 +436% $0.000000 7,377 07 Dec 2021 Direct F3
transaction CDNS Common Stock Sale $36,124 -200 -2.7% $180.62 7,177 07 Dec 2021 Direct F4, F5
transaction CDNS Common Stock Sale $921,186 -5,064 -71% $181.91 2,113 07 Dec 2021 Direct F4, F6
transaction CDNS Common Stock Sale $134,542 -736 -35% $182.80 1,377 07 Dec 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.