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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.