James D. Plummer - 28 Apr 2022 Form 4 Insider Report for CADENCE DESIGN SYSTEMS INC (CDNS)

Reporting relationship: Director
Issuer ticker: CDNS
Reported as of: 28 Apr 2022
Net transaction value: -$4,866,162
SEC form: 4
Accepted by SEC: 02 May 2022, 20:39:32 UTC
Prior SEC filing: 31 Jul 2023
Next SEC filing: 09 May 2022
Source filing: View source filing
Reporting owner signature: Stephanie Wells, Attorney-in-Fact for James D. Plummer

Key filing fact

James D. Plummer filed Form 4 for CADENCE DESIGN SYSTEMS INC (CDNS) on 02 May 2022.

Key facts

This page summarizes James D. Plummer's Form 4 filing for CADENCE DESIGN SYSTEMS INC (CDNS).
6 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 02 May 2022, 20:39.

Change

Previous filing in this sequence was filed on 31 Jul 2023.
Current net transaction value: -$4,866,162.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

CDNS transaction

Common Stock

Options Exercise

Transaction value: $142,200
Shares: +10,000
Change %: +35%
Price: $14.22
Shares after: 38,674
Date: 28 Apr 2022
Ownership: Direct

CDNS transaction

Common Stock

Options Exercise

Transaction value: $138,100
Shares: +10,000
Change %: +26%
Price: $13.81
Shares after: 48,674
Date: 28 Apr 2022
Ownership: Direct

CDNS transaction

Common Stock

Sale

Transaction value: $3,128,822
Shares: -20,000
Change %: -41%
Price: $156.44
Shares after: 28,674
Date: 28 Apr 2022
Ownership: Direct
Footnotes: F1

CDNS transaction

Common Stock

Sale

Transaction value: $2,017,640
Shares: -13,000
Change %: -87%
Price: $155.20
Shares after: 2,000
Date: 28 Apr 2022
Ownership: Held by Trust
Footnotes: F2, F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

CDNS transaction Derivative

Non-Qualified Stock Option (right to buy)

Options Exercise

Transaction value: $0
Shares: -10,000
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 28 Apr 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 10,000
Exercise price: $14.22
Footnotes: F4

CDNS transaction Derivative

Non-Qualified Stock Option (right to buy)

Options Exercise

Transaction value: $0
Shares: -10,000
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 28 Apr 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 10,000
Exercise price: $13.81
Footnotes: F5

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $156.19 to $156.67, 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.

Footnote F2

The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $155.14 to $155.445, 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.

Footnote F3

Shares held by the Plummer Family Trust.

Footnote F4

Option fully vested on February 11, 2014.

Footnote F5

Option fully vested on February 4, 2015.

SEC remarks

Exhibit List - Exhibit 24 - Power of Attorney