CADENCE DESIGN SYSTEMS INC — Director's Dealing 2020

Oct 19, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CADENCE DESIGN SYSTEMS INC (CDNS)
CIK: 0000813672
Period of Report: 2020-10-15

Reporting Person: TAN LIP BU (Director, CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-09-22	Common Stock	G	9010	$0.00	Disposed	1284588	Indirect
2020-10-15	Common Stock	M	50000	$13.81	Acquired	781709	Direct
2020-10-15	Common Stock	S	7822	$114.71	Disposed	773887	Direct
2020-10-15	Common Stock	S	34017	$115.71	Disposed	739870	Direct
2020-10-15	Common Stock	S	8161	$116.26	Disposed	731709	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-10-15	Non-Qualified Stock Option (right to buy)	$13.81	M	50000	Disposed	2021-02-04	Common Stock (50000)	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 the Reporting Person and the 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.