Filing Details

Accession Number:
0000813672-24-000066
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-03-19 18:15:58
Reporting Period:
2024-03-15
Accepted Time:
2024-03-19 18:15:58
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
1651877 Aneel Zaman 2655 Seely Avenue, Bldg. 5
San Jose CA 95134
Sr. Vice President No 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 2024-03-15 23,197 $298.44 37,953 No 4 F Direct
Common Stock Acquisiton 2024-03-15 10,138 $0.00 48,091 No 4 A Direct
Common Stock Disposition 2024-03-18 1,521 $300.78 46,570 No 4 S Direct
Common Stock Disposition 2024-03-18 4,656 $301.98 41,914 No 4 S Direct
Common Stock Disposition 2024-03-18 15,915 $302.75 25,999 No 4 S Direct
Common Stock Disposition 2024-03-18 1,500 $303.59 24,499 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 F Direct
No 4 A Direct
No 4 S Direct
No 4 S 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) Acquisiton 2024-03-15 14,920 $0.00 14,920 $298.44
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
14,920 2031-03-15 No 4 A Direct
Footnotes
  1. Shares withheld to satisfy tax obligations arising out of vesting of Performance Stock Award.
  2. Grant of Performance-Based Incentive Stock Award.
  3. The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 Trading Plan adopted on 5/2/2023 by the Reporting Person.
  4. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $300.285 to $300.88, 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.
  5. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $301.32 to $302.31, 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.
  6. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $302.32 to $303.25, 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.
  7. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $303.32 to $303.93, 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.
  8. Option vests at a rate of 1/48th per month.