| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | CDNS | Common Stock | Sale | $2,240,539 | -10,754 | -1.2% | $208.34 | 857,286 | 31 Mar 2023 | Held by Trust 2 | F1, F2, F3 |
| transaction | CDNS | Common Stock | Sale | $3,081,071 | -14,724 | -1.7% | $209.26 | 842,562 | 31 Mar 2023 | Held by Trust 2 | F1, F3, F4 |
| transaction | CDNS | Common Stock | Sale | $949,537 | -4,522 | -0.54% | $209.98 | 838,040 | 31 Mar 2023 | Held by Trust 2 | F1, F3, F5 |
| holding | CDNS | Common Stock | 602,589 | 04 Apr 2023 | Direct | ||||||
| holding | CDNS | Common Stock | 15,000 | 04 Apr 2023 | Held by Trust 1 | F6 | |||||
| holding | CDNS | Common Stock | 7,000 | 04 Apr 2023 | Held by Trust 3 | F7 | |||||
| holding | CDNS | Common Stock | 31,400 | 04 Apr 2023 | Held by IRA | F8 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| Id | Content |
|---|---|
| F1 | The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 Trading Plan adopted on 11/30/2022 by the Reporting Person. |
| F2 | The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $207.74 to $208.73, 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. |
| F3 | Shares held by the Lip-Bu Tan and Ysa Loo Trust dated 2/3/1992. |
| F4 | The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $208.74 to $209.71, 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. |
| F5 | The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $209.74 to $210.20, 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. |
| F6 | Shares held by A&E Investment LLC, the sole member of which is the Lip-Bu Tan and Ysa Loo Trust dated 2/3/1992. |
| F7 | Shares held by L Tan & N Lee TTEE, Pacven Walden Inc. 401(K) PSPS, FBO Lip-Bu Tan. |
| F8 | Shares held by IRA FBO Lip-Bu Tan DB Securities Inc. Custodian Rollover Account DTD 5/19/1997. |