CADENCE DESIGN SYSTEMS INC - Director's Dealing 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CADENCE DESIGN SYSTEMS INC (CDNS)
CIK: 0000813672
Period of Report: 2019-08-20

Reporting Person: Cowie James J (Sr. VP, General Counsel)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-08-20	Common Stock	M	20000	$17.16	Acquired	129503	Direct
2019-08-20	Common Stock	S	19500	$68.90	Disposed	110003	Direct
2019-08-20	Common Stock	S	500	$69.56	Disposed	109503	Direct
2019-08-20	Common Stock	S	16081	$68.89	Disposed	26784	Indirect
2019-08-20	Common Stock	S	500	$69.56	Disposed	26284	Indirect
2019-08-21	Common Stock	F	1754	$69.69	Disposed	107749	Direct
2019-08-21	Common Stock	Z	1579	$0.00	Disposed	106170	Direct
2019-08-21	Common Stock	Z	1579	$0.00	Acquired	27863	Indirect

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-08-20	Non-Qualified Stock Option (right to buy)	$17.16	M	20000	Disposed	2022-02-09	Common Stock (20000)	Direct

F1: The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 Trading Plan adopted by the Reporting Person.

F2: Shares held by the Cowie Family Trust UAD 12/14/2012, of which Reporting Person and Reporting Person's spouse are trustees.

F3: Shares withheld to satisfy tax obligations arising out of vesting of restricted stock.

F4: Shares transferred to the Cowie Family Trust UAD 12/14/2012, of which Reporting Person and Reporting Person's spouse are trustees.