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CADENCE DESIGN SYSTEMS INC Director's Dealing 2020

Jul 17, 2020

29878_dirs_2020-07-17_b29827a7-842d-4559-9c94-81ed75ccc16c.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: 2020-07-15

Reporting Person: FLAMINIA ALINKA (Sr. VP, Chief Legal Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2020-07-15 Common Stock A 14983 $0.00 Acquired 54983 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2020-07-15 Non-Qualified Stock Option (right to buy) $99.11 A 27787 Acquired 2027-07-15 Common Stock (27787) Direct

Footnotes

F1: Grant of performance-based incentive stock.

F2: Option vests over four years with 1/4th of the option shares vesting on the first anniversary of the grant date and 1/36th of the remaining option shares vesting monthly over the subsequent 36 months.