Alberto Sangiovanni - Dec 1, 2022 Form 4 Insider Report for CADENCE DESIGN SYSTEMS INC (CDNS)

Role: Director
Signature: Stephanie Wells, Attorney-in-Fact for Alberto Sangiovanni-Vincentelli
Stock symbol: CDNS
Transactions as of: Dec 1, 2022
Transactions value $: -$1,325,960
Form type: 4
Date filed: 12/5/2022, 07:04 PM
Previous filing: May 9, 2022
Next filing: Feb 22, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CDNS	Common Stock	Sale	-$618K	-3.53K	-3.26%	$175.17	105K	Dec 1, 2022	Direct	F1
transaction	CDNS	Common Stock	Sale	-$708K	-4.02K	-3.85%	$176.02	101K	Dec 1, 2022	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $174.63 to $175.62, 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.
F2	The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $175.64 to $176.59, 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.

Content

The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $174.63 to $175.62, 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.

The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $175.64 to $176.59, 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.