| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | CDNS | Common Stock | Gift | $0 | -1.47K | -11.44% | $0.00 | 11.4K | Aug 8, 2023 | Held by Trust | F1, F2 |
| transaction | CDNS | Common Stock | Gift | $0 | +1.47K | +60.12% | $0.00 | 3.92K | Aug 8, 2023 | Direct | F1 |
| transaction | CDNS | Common Stock | Sale | -$338K | -1.47K | -37.55% | $229.80 | 2.45K | Aug 8, 2023 | Direct | F3 |
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 | Shares transferred from Adams Family Trust dated 10/27/2000 to the Reporting Person. |
| F2 | Shares held by the Adams Family Trust dated 10/27/2000. |
| F3 | The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 Trading Plan adopted on 5/9/2023 by the Reporting Person. |