ANIRUDH DEVGAN - 15 Mar 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
Issuer symbol
CDNS
Transactions as of
15 Mar 2022
Net transactions value
$0
Form type
4
Filing time
17 Mar 2022, 20:30:57 UTC
Previous filing
01 Mar 2022
Next filing
21 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CDNS Common Stock Award $0 +33,575 +16% $0.000000 249,146 15 Mar 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 +97,601 $0.000000 97,601 15 Mar 2022 Common Stock 97,601 $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