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Filing Details

Accession Number:: 0001209191-23-014813
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2023-03-02 17:12:32
Reporting Period:: 2023-02-28

Accepted Time:: 2023-03-02 17:12:32
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		Yes	No	No	Yes

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2023-02-28	11,955	$193.39	886,085	No	4	S	Indirect	Held by Trust 2
Common Stock	Disposition	2023-02-28	16,021	$194.46	870,064	No	4	S	Indirect	Held by Trust 2
Common Stock	Disposition	2023-02-28	2,024	$195.04	868,040	No	4	S	Indirect	Held by Trust 2

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	Held by Trust 2
No	4	S	Indirect	Held by Trust 2
No	4	S	Indirect	Held by Trust 2

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	602,589	Direct
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

The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 Trading Plan adopted by the Reporting Person.
The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $192.98 to $193.93, 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.
Shares held by the Lip-Bu Tan and Ysa Loo Trust dated 2/3/1992.
The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $193.99 to $194.98, 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.
The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $194.99 to $195.17, 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.
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.
Shares held by L Tan & N Lee TTEE, Pacven Walden Inc. 401(K) PSPS, FBO Lip-Bu Tan.
Shares held by IRA FBO Lip-Bu Tan DB Securities Inc. Custodian Rollover Account DTD 5/19/1997.