CADENCE DESIGN SYSTEMS INC — Director's Dealing 2010

Feb 10, 2010

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: Palatnik Kevin S. (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-02-08	Common Stock	A	40000	—	Acquired	279328	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	C	130000	Acquired	2017-02-08	Common Stock (130000)	Direct

Footnotes

F1: Grant of performance based incentive stock.

F2: Amount of Securities Beneficially Owned Following Reported Transaction(s) is reduced by 37,500 shares, which were forfeited because certain vesting conditions were not met.

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