CADENCE DESIGN SYSTEMS INC — Director's Dealing 2015

Jul 17, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CADENCE DESIGN SYSTEMS INC (CDNS)
CIK: 0000813672
Period of Report: 2015-07-15

Reporting Person: Huang Charlie X. (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-07-15	Common Stock	A	900	$0.00	Acquired	12563	Indirect
2015-07-17	Common Stock	M	25000	$16.80	Acquired	238586	Direct
2015-07-17	Common Stock	M	20000	$4.20	Acquired	258586	Direct
2015-07-17	Common Stock	S	45000	$19.47	Disposed	213586	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-07-17	Non-Qualified Stock Option (right to buy)	$16.80	M	25000	Disposed	2016-02-15	Common Stock (25000)	Direct
2015-07-17	Non-Qualified Stock Option (right to buy)	$4.20	M	20000	Disposed	2016-02-05	Common Stock (20000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	29520	Indirect
Common Stock	226388	Indirect

Footnotes

F1: 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.

F2: Grant of restricted stock to the Reporting Person's Spouse.

F3: The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 Trading Plan adopted by the Reporting Person.