CADENCE DESIGN SYSTEMS INC — Director's Dealing 2014

Feb 6, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CADENCE DESIGN SYSTEMS INC (CDNS)
CIK: 0000813672
Period of Report: 2013-09-09

Reporting Person: Huang Charlie X. (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-09-09	Common Stock	G	3000	$13.27	Acquired	26520	Indirect
2013-09-09	Common Stock	G	3000	$13.27	Disposed	229388	Indirect
2014-02-04	Common Stock	A	43000	—	Acquired	181875	Direct
2014-02-06	Common Stock	F	2144	$13.73	Disposed	179731	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	100000	Acquired	2021-02-04	Common Stock (100000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	12211	Indirect

Footnotes

F1: These securities are held in custodial accounts by Reporting Person's spouse for the children of Reporting Person and Reporting Person's spouse. The transfer of securities to these accounts was a bona fide gift from the Huang-Zhang Trust U/A DTD 6/12/96, of which Reporting Person and Reporting Person's spouse are trustees.

F2: These securities are held by Huang-Zhang Trust U/A DTD 6/12/96, of which Reporting Person and Reporting Person's spouse are trustees. The transfer of securities from the trust was a bona fide gift for the children of Reporting Person and Reporting Person's spouse.

F3: Grant of performance-based incentive stock.

F4: Option vests at a rate of 1/48th per month.

F5: Shares withheld to satisfy tax obligations arising out of vesting of restricted stock.