John M. Wall - Feb 14, 2023 Form 4 Insider Report for CADENCE DESIGN SYSTEMS INC (CDNS)

Role
Sr. VP & CFO
Signature
Stephanie Wells, Attorney-in-Fact for John M. Wall
Stock symbol
CDNS
Transactions as of
Feb 14, 2023
Transactions value $
-$1,108,064
Form type
4
Date filed
2/16/2023, 05:33 PM
Previous filing
Dec 19, 2022
Next filing
Mar 1, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CDNS Common Stock Tax liability -$320K -1.61K -1.26% $199.09 126K Feb 14, 2023 Direct F1, F2
transaction CDNS Common Stock Sale -$788K -3.94K -3.13% $199.88 122K Feb 15, 2023 Direct F3
* 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 Amount of securities beneficially owned includes 160 shares acquired by the Reporting Person through the Employee Stock Purchase Plan on January 31, 2023.
F3 The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 Trading Plan adopted by the Reporting Person.

Remarks:

Exhibit List - Exhibit 24 - Power of Attorney