Filing Details

Accession Number:
0000813672-24-000165
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-08-19 19:04:44
Reporting Period:
2024-08-15
Accepted Time:
2024-08-19 19:04:44
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
1751946 Chin-Chi Teng 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 Acquisiton 2024-08-15 10,000 $78.76 105,408 No 4 M Direct
Common Stock Disposition 2024-08-15 2,117 $275.52 103,291 No 4 S Direct
Common Stock Disposition 2024-08-15 6,590 $276.45 96,701 No 4 S Direct
Common Stock Disposition 2024-08-15 1,293 $277.27 95,408 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M 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) Disposition 2024-08-15 10,000 $0.00 10,000 $78.76
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
9,910 2027-02-14 No 4 M Direct
Footnotes
  1. The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 Trading Plan adopted on March 7, 2024 by the Reporting Person.
  2. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $275.05 to $276.01 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.
  3. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $276.08 to $277, 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.
  4. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $277.08 to $277.5, 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. These options vested at a rate of 1/48th per month starting on March 14, 2020.