John M. Wall - Jul 28, 2022 Form 4 Insider Report for CADENCE DESIGN SYSTEMS INC (CDNS)

Role
Sr. VP & CFO
Signature
Stephanie Wells, Attorney-in-Fact for John Wall
Stock symbol
CDNS
Transactions as of
Jul 28, 2022
Transactions value $
-$8,235,867
Form type
4
Date filed
8/1/2022, 08:40 PM
Previous filing
Mar 21, 2022
Next filing
Aug 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CDNS Common Stock Options Exercise $1.65M +41.6K +28% $39.58* 190K Jul 28, 2022 Direct F1
transaction CDNS Common Stock Sale -$9.88M -54.9K -28.86% $179.88 135K 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 135,406 Options Exercise $0 -41.6K -100% $0.00* 0 Jul 28, 2022 Common Stock 41.6K $39.58 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 6, 2018.