| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | CDNS | Common Stock | Options Exercise | $980K | +50K | +8.17% | $19.60 | 662K | Jul 15, 2022 | Direct | F1 |
| transaction | CDNS | Common Stock | Sale | -$1.3M | -8.43K | -1.27% | $154.02 | 654K | Jul 15, 2022 | Direct | F1, F2 |
| transaction | CDNS | Common Stock | Sale | -$5.81M | -37.4K | -5.72% | $155.21 | 616K | Jul 15, 2022 | Direct | F1, F3 |
| transaction | CDNS | Common Stock | Sale | -$647K | -4.15K | -0.67% | $155.83 | 612K | Jul 15, 2022 | Direct | F1, F4 |
| holding | CDNS | Common Stock | 15K | Jul 15, 2022 | Held by Trust 1 | F5 | |||||
| holding | CDNS | Common Stock | 1.2M | Jul 15, 2022 | Held by Trust 2 | F6 | |||||
| holding | CDNS | Common Stock | 7K | Jul 15, 2022 | Held by Trust 3 | F7 | |||||
| holding | CDNS | Common Stock | 31.4K | Jul 15, 2022 | Held by IRA | F8 |
| 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 | -50K | -25% | $0.00 | 150K | Jul 15, 2022 | Common Stock | 50K | $19.60 | Direct | F9 |
| Id | Content |
|---|---|
| F1 | The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 Trading Plan adopted by the Reporting Person. |
| F2 | The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $153.48 to $154.41, 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 | The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $154.62 to $155.60, 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 $155.62 to $156.31, 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. |
| F5 | Shares held by A&E Investment LLC, the sole member of which is the Lip-Bu Tan and Ysa Loo Trust dated 2/3/1992. |
| F6 | Shares held by the Lip-Bu Tan and Ysa Loo Trust dated 2/3/1992. |
| F7 | Shares held by L Tan & N Lee TTEE, Pacven Walden Inc. 401(K) PSPS, FBO Lip-Bu Tan. |
| F8 | Shares held by IRA FBO Lip-Bu Tan DB Securities Inc. Custodian Rollover Account DTD 5/19/1997. |
| F9 | These options vested at a rate of 1/48th per month starting on March 8, 2016. |