Filing Details

Accession Number:
0001209191-21-052130
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-08-17 21:53:55
Reporting Period:
2021-08-16
Accepted Time:
2021-08-17 21:53:55
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
813672 Cadence Design Systems Inc CDNS Services-Prepackaged Software (7372) 770148231
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1008463 Bu Lip Tan 2655 Seely Avenue, Bldg. 5
San Jose CA 95134
Ceo Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2021-08-16 4,154 $151.87 739,766 No 4 F Direct
Common Stock Disposition 2021-08-16 3,782 $0.00 735,984 No 5 G Direct
Common Stock Acquisiton 2021-08-16 3,782 $0.00 1,308,915 No 5 G Indirect Held by Trust 2
Common Stock Acquisiton 2021-08-16 50,000 $17.16 785,984 No 4 M Direct
Common Stock Disposition 2021-08-16 37,100 $151.40 748,884 No 4 S Direct
Common Stock Disposition 2021-08-16 12,900 $152.02 735,984 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 F Direct
No 5 G Direct
No 5 G Indirect Held by Trust 2
No 4 M Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Non-Qualified Stock Option (right to buy) Disposition 2021-08-16 50,000 $0.00 50,000 $17.16
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
100,000 2015-03-09 2022-02-09 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 15,000 Indirect Held by Trust 1
Common Stock 7,000 Indirect Held by Trust 3
Common Stock 31,400 Indirect Held by IRA
Footnotes
  1. Shares withheld to satisfy tax obligations arising out of vesting of restricted stock.
  2. Amount of securities beneficially owned includes 26 shares acquired by the Reporting Person through the Employee Stock Purchase Plan on July 30, 2021.
  3. Shares held by the Lip-Bu Tan and Ysa Loo Trust dated 2/3/1992.
  4. The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 Trading Plan adopted by the Reporting Person.
  5. 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.
  6. Shares held by L Tan & N Lee TTEE, Pacven Walden Inc. 401(K) PSPS, FBO Lip-Bu Tan.
  7. Shares held by IRA FBO Lip-Bu Tan DB Securities Inc. Custodian Rollover Account DTD 5/19/1997.