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

Role
Director
Signature
Stephanie Wells, Attorney-in-Fact for James D. Plummer
Stock symbol
CDNS
Transactions as of
Apr 28, 2022
Transactions value $
-$4,866,162
Form type
4
Date filed
5/2/2022, 08:39 PM
Previous filing
Jul 31, 2023
Next filing
May 9, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CDNS Common Stock Options Exercise $142K +10K +34.87% $14.22 38.7K Apr 28, 2022 Direct
transaction CDNS Common Stock Options Exercise $138K +10K +25.86% $13.81 48.7K Apr 28, 2022 Direct
transaction CDNS Common Stock Sale -$3.13M -20K -41.09% $156.44 28.7K Apr 28, 2022 Direct F1
transaction CDNS Common Stock Sale -$2.02M -13K -86.67% $155.20 2K Apr 28, 2022 Held by Trust F2, F3

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) Options Exercise $0 -10K -100% $0.00* 0 Apr 28, 2022 Common Stock 10K $14.22 Direct F4
transaction CDNS Non-Qualified Stock Option (right to buy) Options Exercise $0 -10K -100% $0.00* 0 Apr 28, 2022 Common Stock 10K $13.81 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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.
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.
F3 Shares held by the Plummer Family Trust.
F4 Option fully vested on February 11, 2014.
F5 Option fully vested on February 4, 2015.

Remarks:

Exhibit List - Exhibit 24 - Power of Attorney