Anirudh Devgan - Mar 15, 2022 Form 4 Insider Report for CADENCE DESIGN SYSTEMS INC (CDNS)

Role
President and CEO, Director
Signature
Stephanie Wells, Attorney-in-Fact for Anirudh Devgan
Stock symbol
CDNS
Transactions as of
Mar 15, 2022
Transactions value $
$0
Form type
4
Date filed
3/17/2022, 08:30 PM
Previous filing
Mar 1, 2022
Next filing
Mar 21, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CDNS Common Stock Award $0 +33.6K +15.57% $0.00 249K Mar 15, 2022 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) Award $0 +97.6K $0.00 97.6K Mar 15, 2022 Common Stock 97.6K $142.50 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Grant of performance-based incentive stock award.
F2 Option vests at a rate of 1/48th per month.

Remarks:

Exhibit List - Exhibit 24 - Power of Attorney