CADENCE DESIGN SYSTEMS INC — Director's Dealing 2014

Dec 2, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CADENCE DESIGN SYSTEMS INC (CDNS)
CIK: 0000813672
Period of Report: 2014-11-28

Reporting Person: Cowie James J (Sr. VP, General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-11-28	Common Stock	M	10000	$17.89	Acquired	55000	Direct
2014-11-28	Common Stock	S	10000	$18.93	Disposed	45000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-11-28	Non-Qualified Stock Option (right to buy)	$17.89	M	10000	Disposed	2015-12-09	Common Stock (10000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	69759	Indirect

Footnotes

F1: Shares held by the Cowie Family Trust UAD 12/14/2012, of which Reporting Person and Reporting Person's spouse are trustees.

F2: The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 Trading Plan adopted by the Reporting Person, effective March 11, 2014.