CADENCE DESIGN SYSTEMS INC — Director's Dealing 2010

Feb 9, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CADENCE DESIGN SYSTEMS INC (CDNS)
CIK: 0000813672
Period of Report: 2010-02-05

Reporting Person: Cowie James J (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-02-05	Common Stock	F	3598	$5.73	Disposed	81790	Direct
2010-02-08	Common Stock	A	40000	—	Acquired	121790	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-02-08	Non-Qualified Stock Option (right to buy)	$5.6	A	130000	Acquired	2017-02-08	Common Stock (130000)	Direct

Footnotes

F1: Shares withheld to satisfy tax obligations arising out of vesting of restricted stock.

F2: Amount of Securities Beneficially Owned Following Reported Transaction(s) is reduced by 22,500 shares, which were forfeited because certain vesting conditions were not met.

F3: Option vests at a rate of 1/48th per month.

F4: Grant of performance-based restricted stock.