Aneel Zaman - Jul 28, 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
Jul 28, 2022
Transactions value $
-$262,501
Form type
4
Date filed
8/1/2022, 08:38 PM
Previous filing
Jun 2, 2022
Next filing
Aug 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CDNS Common Stock Options Exercise $863K +6.25K +6.5% $138.02 102K Jul 28, 2022 Direct F1
transaction CDNS Common Stock Sale -$1.13M -6.25K -6.1% $180.00 96.3K Jul 28, 2022 Direct F1, F2

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 -6.25K -31.25% $0.00 13.8K Jul 28, 2022 Common Stock 6.25K $138.02 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

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 Amount of securities beneficially owned includes 78 shares acquired by the Reporting Person through the Employee Stock Purchase Plan on July 29, 2022.
F3 These options vested at a rate of 1/48th per month starting on March 25, 2021.