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CADENCE DESIGN SYSTEMS INC — Director's Dealing 2019
Feb 4, 2019
29878_dirs_2019-02-04_be0267c5-30e6-4b94-b0d0-d189ecdd5920.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: CADENCE DESIGN SYSTEMS INC (CDNS)
CIK: 0000813672
Period of Report: 2019-01-31
Reporting Person: TAN LIP BU (Director, CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-01-31 | Common Stock | M | 100000 | $11.62 | Acquired | 512066 | Direct |
| 2019-01-31 | Common Stock | S | 100000 | $48.05 | Disposed | 412066 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-01-31 | Non-Qualified Stock Option (right to buy) | $11.62 | M | 100000 | Disposed | 2019-02-06 | Common Stock (100000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 31400 | Indirect |
| Common Stock | 15000 | Indirect |
| Common Stock | 1189182 | 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 the Lip-Bu Tan and Ysa Loo Trust dated 2/3/1992.
F4: Shares held by L Tan & N Lee TTEE, Pacven Walden Inc. 401(K) PSPS, FBO Lip-Bu Tan.
F5: The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 Trading Plan adopted by the Reporting Person.
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