CADENCE DESIGN SYSTEMS INC — Director's Dealing 2019

Sep 18, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CADENCE DESIGN SYSTEMS INC (CDNS)
CIK: 0000813672
Period of Report: 2019-09-16

Reporting Person: TAN LIP BU (Director, CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-08-02	Common Stock	G	13334	$0.00	Disposed	1279227	Indirect
2019-09-16	Common Stock	M	40000	$14.22	Acquired	888272	Direct
2019-09-16	Common Stock	S	24505	$65.10	Disposed	863767	Direct
2019-09-16	Common Stock	S	15495	$65.60	Disposed	848272	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-09-16	Non-Qualified Stock Option (right to buy)	$14.22	M	40000	Disposed	2020-02-11	Common Stock (40000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	15000	Indirect
Common Stock	7000	Indirect
Common Stock	31400	Indirect

Footnotes

F1: Shares transferred as a charitable gift from the Lip-Bu Tan and Ysa Loo Trust dated 2/3/1992, of which Reporting Person and Reporting Person's spouse are trustees.

F2: Shares held by the Lip-Bu Tan and Ysa Loo Trust dated 2/3/1992.

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

F4: 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.

F5: Shares held by L Tan & N Lee TTEE, Pacven Walden Inc. 401(K) PSPS, FBO Lip-Bu Tan.

F6: Shares held by IRA FBO Lip-Bu Tan DB Securities Inc. Custodian Rollover Account DTD 5/19/1997.