John M. Wall - Mar 9, 2023 Form 4 Insider Report for CADENCE DESIGN SYSTEMS INC (CDNS)

Role
Sr. VP & CFO
Signature
Ahalya Hildreth, Attorney-in-Fact for John Wall
Stock symbol
CDNS
Transactions as of
Mar 9, 2023
Transactions value $
-$5,339,731
Form type
4
Date filed
3/13/2023, 06:01 PM
Previous filing
Mar 1, 2023
Next filing
Mar 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CDNS Common Stock Options Exercise $2.11M +37.3K +30.86% $56.57 158K Mar 9, 2023 Direct F1
transaction CDNS Common Stock Sale -$7.45M -37.3K -23.58% $199.88 121K Mar 9, 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 -37.3K -100% $0.00* 0 Mar 9, 2023 Common Stock 37.3K $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.