JOHN M. WALL - 09 Mar 2023 Form 4 Insider Report for CADENCE DESIGN SYSTEMS INC (CDNS)

Role
Sr. VP & CFO
Signature
Ahalya Hildreth, Attorney-in-Fact for John Wall
Issuer symbol
CDNS
Transactions as of
09 Mar 2023
Net transactions value
-$5,339,731
Form type
4
Filing time
13 Mar 2023, 18:01:22 UTC
Previous filing
01 Mar 2023
Next filing
17 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 Options Exercise $2,107,798 +37,260 +31% $56.57 158,000 09 Mar 2023 Direct F1
transaction CDNS Common Stock Sale $7,447,529 -37,260 -24% $199.88 120,740 09 Mar 2023 Direct F1

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 -37,260 -100% $0.000000* 0 09 Mar 2023 Common Stock 37,260 $56.57 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 Trading Plan adopted by the Reporting Person.
F2 These options vested at a rate of 1/48th per month starting on March 22, 2019.