Lip Bu Tan - 25 Aug 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
Issuer symbol
CDNS
Transactions as of
25 Aug 2022
Net transactions value
-$525,571
Form type
4
Filing time
29 Aug 2022, 21:28:52 UTC
Previous filing
23 Aug 2022
Next filing
08 Sep 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 $525,571 -2,844 -0.47% $184.80 605,179 25 Aug 2022 Direct F1
transaction CDNS Common Stock Gift $0 -2,590 -0.43% $0.000000 602,589 25 Aug 2022 Direct F2
transaction CDNS Common Stock Gift $0 +2,590 +0.23% $0.000000 1,116,936 25 Aug 2022 Held by Trust 2 F2, F3
holding CDNS Common Stock 15,000 25 Aug 2022 Held by Trust 1 F4
holding CDNS Common Stock 7,000 25 Aug 2022 Held by Trust 3 F5
holding CDNS Common Stock 31,400 25 Aug 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.