Mark Adams - 26 Sep 2022 Form 4 Insider Report for CADENCE DESIGN SYSTEMS INC (CDNS)

Role
Director
Signature
Stephanie Wells, Attorney-in-Fact for Mark Adams
Issuer symbol
CDNS
Transactions as of
26 Sep 2022
Net transactions value
-$977,890
Form type
4
Filing time
28 Sep 2022, 19:56:42 UTC
Previous filing
28 Jul 2022
Next filing
24 Oct 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 Sale $565,388 -3,479 -20% $162.51 13,928 26 Sep 2022 Held by Trust F1, F2, F3
transaction CDNS Common Stock Sale $312,426 -1,912 -14% $163.40 12,016 26 Sep 2022 Held by Trust F1, F3, F4
transaction CDNS Common Stock Sale $100,077 -609 -5.1% $164.33 11,407 26 Sep 2022 Held by Trust F1, F3, F5
holding CDNS Common Stock 2,850 26 Sep 2022 Direct
* 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 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $161.90 to $162.86, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 Shares held by the Adams Family Trust dated 10/27/2000.
F4 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $162.94 to $163.92, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F5 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $164.09 to $164.55, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.