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CADENCE DESIGN SYSTEMS INC — Director's Dealing 2014
Feb 6, 2014
29878_dirs_2014-02-06_bd211328-3ce2-472b-a054-c2a5c678ad2e.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: 2014-02-04
Reporting Person: BECKLEY THOMAS P (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-02-04 | Common Stock | A | 36000 | — | Acquired | 84592 | Direct |
| 2014-02-06 | Common Stock | F | 1836 | $13.73 | Disposed | 82756 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-02-04 | Non-Qualified Stock Option (right to buy) | $13.81 | A | 80000 | Acquired | 2021-02-04 | Common Stock (80000) | Direct |
Footnotes
F1: Grant of performance-based incentive stock.
F2: Amount of securities beneficially owned includes 499 shares acquired by the Reporting Person through the Employee Stock Purchase Plan on January 31, 2014.
F3: Option vests at a rate of 1/48th per month.
F4: Shares withheld to satisfy tax obligations arising out of vesting of restricted stock.
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