Lip Bu Tan - Aug 25, 2022 Form 4 Insider Report for CADENCE DESIGN SYSTEMS INC (CDNS)

Role
Director, Executive Chair
Signature
Stephanie Wells, Attorney-in-Fact for Lip-Bu Tan
Stock symbol
CDNS
Transactions as of
Aug 25, 2022
Transactions value $
-$525,571
Form type
4
Date filed
8/29/2022, 09:28 PM
Previous filing
Aug 23, 2022
Next filing
Sep 8, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CDNS Common Stock Tax liability -$526K -2.84K -0.47% $184.80 605K Aug 25, 2022 Direct F1
transaction CDNS Common Stock Gift $0 -2.59K -0.43% $0.00 603K Aug 25, 2022 Direct F2
transaction CDNS Common Stock Gift $0 +2.59K +0.23% $0.00 1.12M Aug 25, 2022 Held by Trust 2 F2, F3
holding CDNS Common Stock 15K Aug 25, 2022 Held by Trust 1 F4
holding CDNS Common Stock 7K Aug 25, 2022 Held by Trust 3 F5
holding CDNS Common Stock 31.4K Aug 25, 2022 Held by IRA F6
* 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 Shares transferred to the Lip-Bu Tan and Ysa Loo Trust dated 2/3/1992.
F3 Shares held by the Lip-Bu Tan and Ysa Loo Trust dated 2/3/1992.
F4 Shares held by A&E Investment LLC, the sole member of which is the Lip-Bu Tan and Ysa Loo Trust dated 2/3/1992.
F5 Shares held by L Tan & N Lee TTEE, Pacven Walden Inc. 401(K) PSPS, FBO Lip-Bu Tan.
F6 Shares held by IRA FBO Lip-Bu Tan DB Securities Inc. Custodian Rollover Account DTD 5/19/1997.