John M. Wall - Mar 15, 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 15, 2023
Transactions value $
-$3,316,040
Form type
4
Date filed
3/17/2023, 06:02 PM
Previous filing
Mar 13, 2023
Next filing
Apr 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CDNS Common Stock Award $0 +15K +12.45% $0.00 136K Mar 15, 2023 Direct F1
transaction CDNS Common Stock Tax liability -$592K -2.92K -2.15% $202.94 133K Mar 15, 2023 Direct F2
transaction CDNS Common Stock Tax liability -$2.72M -13.4K -10.11% $202.94 119K Mar 16, 2023 Direct F2

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) Award $0 +22.1K $0.00 22.1K Mar 15, 2023 Common Stock 22.1K $202.94 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Grant of Performance-Based Incentive Stock Award.
F2 Shares withheld to satisfy tax obligations arising out of vesting of Performance Stock Awards.
F3 Option vests at a rate of 1/48th per month.