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CADENCE DESIGN SYSTEMS INC Director's Dealing 2010

Feb 10, 2010

29878_dirs_2010-02-10_decd5e1f-ed83-4af5-888d-5c39756e8f6a.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CADENCE DESIGN SYSTEMS INC (CDNS)
CIK: 0000813672
Period of Report: 2010-02-08

Reporting Person: Modi Nimish Harsukh (N/A)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-02-08 Common Stock A 40000 Acquired 102190 Direct
2010-02-09 Common Stock Z 18339 Acquired 30080 Indirect
2010-02-09 Common Stock Z 18339 Disposed 83851 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: Option vests at a rate of 1/48th per month.

F2: Grant of performance based incentive stock.

F3: Amount of Securiteis Beneficially Owned Following Reported Transaction(s) includes 606 shares and 1,214 share acquired by the reporting person through the Cadence Design Systems, Inc. Employee Stock Purchase Plan on July 31, 2009 and January 29, 2010, respectively.