Aneel Zaman - Mar 17, 2022 Form 4 Insider Report for CADENCE DESIGN SYSTEMS INC (CDNS)

Role
Sr. Vice President
Signature
Stephanie Wells, Attorney-in-Fact for Aneel Zaman
Stock symbol
CDNS
Transactions as of
Mar 17, 2022
Transactions value $
-$3,646,058
Form type
4
Date filed
3/21/2022, 09:35 PM
Previous filing
Mar 17, 2022
Next filing
Jun 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CDNS Common Stock Tax liability -$1.75M -12.3K -10.15% $142.50 109K Mar 17, 2022 Direct F1
transaction CDNS Common Stock Sale -$362K -2.39K -2.2% $151.52 106K Mar 18, 2022 Direct F2, F3
transaction CDNS Common Stock Sale -$1.54M -10.1K -9.5% $152.18 96.2K Mar 18, 2022 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld to satisfy tax obligations arising out of vesting of PSA.
F2 The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 Trading Plan adopted by the Reporting Person.
F3 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $151.09 to $152.07, 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.
F4 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $152.17 to $152.355, 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.