Filing Details
- Accession Number:
- 0001209191-23-019856
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-03-17 18:07:00
- Reporting Period:
- 2023-03-15
- Accepted Time:
- 2023-03-17 18:07:00
- 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 |
|---|---|---|---|---|---|---|---|
| 1591933 | Anirudh Devgan | 2655 Seely Avenue, Bldg. 5 San Jose CA 95134 | President And 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 | Acquisiton | 2023-03-15 | 37,956 | $0.00 | 210,370 | No | 4 | A | Direct | |
| Common Stock | Disposition | 2023-03-15 | 5,547 | $202.94 | 204,823 | No | 4 | F | Direct | |
| Common Stock | Disposition | 2023-03-16 | 1,832 | $200.66 | 202,991 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2023-03-16 | 2,423 | $201.84 | 200,568 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2023-03-16 | 1,390 | $202.62 | 199,178 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2023-03-16 | 25,285 | $202.94 | 173,893 | No | 4 | F | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | A | Direct | |
| No | 4 | F | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | F | 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) | Acquisiton | 2023-03-15 | 108,390 | $0.00 | 108,390 | $202.94 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 108,390 | 2030-03-15 | No | 4 | A | Direct |
Footnotes
- Grant of Performance-Based Incentive Stock Award.
- Shares withheld to satisfy tax obligations arising out of vesting of Performance Stock Awards.
- 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 $200.25 to $201.16, 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 $201.27 to $202.18, 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 $202.35 to $202.82, 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.
- Option vests at a rate of 1/48th per month.
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