Alberto Sangiovanni - Dec 31, 2020 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 31, 2020
Transactions value $
$142,200
Form type
4
Date filed
2/14/2023, 06:20 PM
Next filing
Mar 29, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CDNS Common Stock Gift $0 -22.2K -22.05% $0.00 78.4K Dec 31, 2020 Direct F1
transaction CDNS Common Stock Options Exercise $142K +10K +12.75% $14.22* 88.4K Feb 10, 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 -10K -100% $0.00* 0 Feb 10, 2023 Common Stock 10K $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