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CADENCE DESIGN SYSTEMS INC — Director's Dealing 2015
Feb 11, 2015
29878_dirs_2015-02-11_2699a1be-64f9-4fd0-8dd6-64206e02ebb8.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: 2015-02-09
Reporting Person: TAN LIP BU (Director, President & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-02-09 | Common Stock | A | 125000 | $0.00 | Acquired | 298240 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-02-09 | Non-Qualified Stock Option (right to buy) | $17.16 | A | 500000 | Acquired | 2022-02-09 | Common Stock (500000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 31400 | Indirect |
| Common Stock | 15000 | Indirect |
| Common Stock | 800092 | Indirect |
| Common Stock | 7000 | Indirect |
| Common Stock | 51000 | Indirect |
Footnotes
F1: Shares held by IRA FBO Lip-Bu Tan DB Securities Inc. Custodian Rollover Account DTD 5/19/1997.
F2: Shares held by A&E Investment LLC, the sole member of which is the Lip-Bu Tan and Ysa Loo Trust dated 2/3/1992.
F3: Shares held by the Lip-Bu and Ysa Loo Trust date 2/3/1992.
F4: Shares held by L Tan & N Lee & W Lee Trustees, Pacvan Walden Inc.
F5: Grant of performance-based incentive stock.
F6: Option vests at a rate of 1/48th per month.
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