CADENCE DESIGN SYSTEMS INC — Director's Dealing 2016

Feb 10, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CADENCE DESIGN SYSTEMS INC (CDNS)
CIK: 0000813672
Period of Report: 2016-02-08

Reporting Person: Hsu Chi-Ping (Sr. Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-02-08	Common Stock	A	22500	$0.00	Acquired	203185	Direct
2016-02-08	Common Stock	A	50000	$0.00	Acquired	253185	Direct
2016-02-09	Common Stock	F	1529	$19.82	Disposed	251656	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-02-08	Non-Qualified Stock Option (right to buy)	$19.60	A	60000	Acquired	2023-02-08	Common Stock (60000)	Direct

Footnotes

F1: Grant of performance-based incentive stock.

F2: Shares withheld to satisfy tax obligations arising out of vesting of restricted stock.

F3: Option vests at a rate of 1/48th per month.