Anirudh Devgan - Aug 15, 2022 Form 4 Insider Report for CADENCE DESIGN SYSTEMS INC (CDNS)

Role
President and CEO, Director
Signature
Stephanie Wells, Attorney-in-Fact for Anirudh Devgan
Stock symbol
CDNS
Transactions as of
Aug 15, 2022
Transactions value $
-$1,074,906
Form type
4
Date filed
8/17/2022, 09:11 PM
Previous filing
Jun 13, 2022
Next filing
Aug 29, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CDNS Common Stock Tax liability -$535K -2.77K -1.46% $193.09 187K Aug 15, 2022 Direct F1, F2
transaction CDNS Common Stock Sale -$540K -2.82K -1.51% $191.71 184K Aug 16, 2022 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld to satisfy tax obligations arising out of vesting of PSA.
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 The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 Trading Plan adopted by the Reporting Person.