CADENCE DESIGN SYSTEMS INC — Director's Dealing 2015

Sep 23, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CADENCE DESIGN SYSTEMS INC (CDNS)
CIK: 0000813672
Period of Report: 2015-09-21

Reporting Person: TAN LIP BU (Director, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-08-24	Common Stock	Z	30796	$0.00	Disposed	208332	Direct
2015-08-24	Common Stock	Z	30796	$0.00	Acquired	870110	Indirect
2015-08-26	Common Stock	Z	20834	$0.00	Disposed	187498	Direct
2015-08-26	Common Stock	Z	20834	$0.00	Acquired	890944	Indirect
2015-09-21	Common Stock	M	155000	$4.20	Acquired	342498	Direct
2015-09-21	Common Stock	S	155000	$21.0569	Disposed	187498	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-09-21	Non-Qualified Stock Option (right to buy)	$4.20	M	155000	Disposed	2016-02-05	Common Stock (155000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	31400	Indirect
Common Stock	51000	Indirect
Common Stock	15000	Indirect
Common Stock	7000	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 L Tan & N Lee & W Lee Trustees, Pacven Walden Inc.

F4: Shares transferred to the Lip-Bu Tan and Ysa Loo Trust dated 2/3/1992.

F5: Shares held by the Lip-Bu Tan and Ysa Loo Trust dated 2/3/1992.

F6: The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 Trading Plan adopted by the Reporting Person.