Alberto Sangiovanni - Feb 17, 2023 Form 4 Insider Report for CADENCE DESIGN SYSTEMS INC (CDNS)

Role: Director
Signature: Ahalya Hildreth, Attorney-in-Fact for Alberto Sangiovanni-Vincentelli
Stock symbol: CDNS
Transactions as of: Feb 17, 2023
Transactions value $: -$1,937,994
Form type: 4
Date filed: 2/22/2023, 04:23 PM
Previous filing: Dec 5, 2022
Next filing: May 8, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CDNS	Common Stock	Sale	-$1.04M	-5.4K	-6.11%	$193.35	83K	Feb 17, 2023	Direct	F1
transaction	CDNS	Common Stock	Sale	-$874K	-4.5K	-5.42%	$194.31	78.5K	Feb 17, 2023	Direct	F2
transaction	CDNS	Common Stock	Sale	-$19.5K	-100	-0.13%	$194.98	78.4K	Feb 17, 2023	Direct

* 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 $192.83 to $193.77, 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 $193.88 to $194.84, 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 $192.83 to $193.77, 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 $193.88 to $194.84, 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.