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CADENCE DESIGN SYSTEMS INC Director's Dealing 2014

Feb 6, 2014

29878_dirs_2014-02-06_0d3f61d8-d3fd-43c1-a16c-25689e9b1c82.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: Hsu Chi-Ping (N/A)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2014-02-04 Common Stock A 35000 Acquired 185268 Direct
2014-02-06 Common Stock F 2144 $13.73 Disposed 183124 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 70000 Acquired 2021-02-04 Common Stock (70000) Direct

Footnotes

F1: Grant of performance-based incentive stock.

F2: Option vests at a rate of 1/48th per month.

F3: Shares withheld to satisfy tax obligations arising out of vesting of restricted stock.