JOHN M. WALL - 14 Feb 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
Issuer symbol: CDNS
Transactions as of: 14 Feb 2023
Net transactions value: -$1,108,064
Form type: 4
Filing time: 16 Feb 2023, 17:33:54 UTC
Previous filing: 19 Dec 2022
Next filing: 01 Mar 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CDNS	Common Stock	Tax liability	$319,938	-1,607	-1.3%	$199.09	126,149	14 Feb 2023	Direct	F1, F2
transaction	CDNS	Common Stock	Sale	$788,127	-3,943	-3.1%	$199.88	122,206	15 Feb 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