Mark Adams - 04 May 2023 Form 4 Insider Report for CADENCE DESIGN SYSTEMS INC (CDNS)

Role
Director
Signature
Ahalya Hildreth, Attorney-in-Fact for Mark Adams
Issuer symbol
CDNS
Transactions as of
04 May 2023
Net transactions value
$0
Form type
4
Filing time
08 May 2023, 17:01:47 UTC
Previous filing
24 Apr 2023
Next filing
07 Jul 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 Award $0 +1,073 +38% $0.000000 3,923 04 May 2023 Direct F1
transaction CDNS Common Stock Gift $0 -1,473 -38% $0.000000 2,450 04 May 2023 Direct F2
transaction CDNS Common Stock Gift $0 +1,473 +13% $0.000000 12,880 04 May 2023 Held by Trust F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Incentive stock award fully vests on the earlier to occur of (i) the first anniversary of the Grant Date and (ii) the date of the next Annual Meeting of Stockholders that follows the Grant Date.
F2 Shares transferred from the Reporting Person to Adams Family Trust dated 10/27/2000.
F3 Shares held by the Adams Family Trust dated 10/27/2000.

Remarks:

Exhibit List - Exhibit 24 - Power of Attorney.