Aneel Zaman - Aug 1, 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
Aug 1, 2022
Transactions value $
-$417,872
Form type
4
Date filed
8/3/2022, 07:41 PM
Previous filing
Aug 1, 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 $98.8K +1.75K +1.81% $56.57 98K Aug 1, 2022 Direct F1
transaction CDNS Common Stock Options Exercise $118K +1.5K +1.53% $78.76 99.5K Aug 1, 2022 Direct F1
transaction CDNS Common Stock Options Exercise $115K +834 +0.84% $138.02 100K Aug 1, 2022 Direct F1
transaction CDNS Common Stock Sale -$750K -4.08K -4.06% $183.90 96.3K Aug 1, 2022 Direct F1

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 -1.75K -22.21% $0.00 6.11K Aug 1, 2022 Common Stock 1.75K $56.57 Direct F2
transaction CDNS Non- Qualified Stock Option (right to buy) Options Exercise $0 -1.5K -9.52% $0.00 14.2K Aug 1, 2022 Common Stock 1.5K $78.76 Direct F3
transaction CDNS Non- Qualified Stock Option (right to buy) Options Exercise $0 -834 -6.06% $0.00 12.9K Aug 1, 2022 Common Stock 834 $138.02 Direct F4
* 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 These options vested at a rate of 1/48th per month starting on March 22, 2019.
F3 These options vested at a rate of 1/48th per month starting on March 14, 2020.
F4 These options vested at a rate of 1/48th per month starting on March 25, 2021.