YOUNG SOHN - 07 Dec 2021 Form 4 Insider Report for CADENCE DESIGN SYSTEMS INC (CDNS)

Role
Director
Signature
Ahalya Hildreth, Attorney-in-Fact for Young K. Sohn
Issuer symbol
CDNS
Transactions as of
07 Dec 2021
Net transactions value
$0
Form type
4
Filing time
08 May 2023, 17:12:55 UTC
Next filing
09 May 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CDNS Common Stock Gift $0 -24,899 -68% $0.000000 11,473 07 Dec 2021 Direct F1
transaction CDNS Common Stock Award $0 +1,073 +9.4% $0.000000 12,546 04 May 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction involved a gift of securities by the Reporting Person to his ex-wife. The Reporting Person disclaims beneficial ownership of the shares held by his ex-wife, and this report should not be deemed an admission that the Reporting Person is the beneficial owner of his ex-wife's shares for purposes of Section 16 or for any other purpose.
F2 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.

Remarks:

Exhibit List - Exhibit 24 - Power of Attorney