ANIRUDH DEVGAN - 15 Aug 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
Issuer symbol
CDNS
Transactions as of
15 Aug 2022
Net transactions value
-$1,074,906
Form type
4
Filing time
17 Aug 2022, 21:11:33 UTC
Previous filing
13 Jun 2022
Next filing
29 Aug 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CDNS Common Stock Tax liability $534,859 -2,770 -1.5% $193.09 186,695 15 Aug 2022 Direct F1, F2
transaction CDNS Common Stock Sale $540,047 -2,817 -1.5% $191.71 183,878 16 Aug 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.