Vincentelli Alberto Sangiovanni - 31 Dec 2020 Form 4 Insider Report for CADENCE DESIGN SYSTEMS INC (CDNS)

Role: Director
Signature: Stephanie Wells, Attorney-in-Fact for Alberto Sangiovanni-Vincentelli
Issuer symbol: CDNS
Transactions as of: 31 Dec 2020
Net transactions value: +$142,200
Form type: 4
Filing time: 14 Feb 2023, 18:20:42 UTC
Next filing: 29 Mar 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	Gift	$0	-22,180	-22%	$0.000000	78,410	31 Dec 2020	Direct	F1
transaction	CDNS	Common Stock	Options Exercise	$142,200	+10,000	+13%	$14.22^*	88,410	10 Feb 2023	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	CDNS	Non- Qualified Stock Option (right to buy)	Options Exercise	$0	-10,000	-100%	$0.000000^*	0	10 Feb 2023	Common Stock	10,000	$14.22	Direct

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

Explanation of Responses:

Id	Content
F1	This transaction involved a gift of securities by the Reporting Person to his children. The Reporting Person disclaims beneficial ownership of the shares held by his children, and this report should not be deemed an admission that the Reporting Person is the beneficial owner of his children's shares for purposes of Section 16 or for any other purpose.

Remarks:

Exhibit List - Exhibit 24 - Power of Attorney