CADENCE DESIGN SYSTEMS INC — Director's Dealing 2020

Jul 2, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CADENCE DESIGN SYSTEMS INC (CDNS)
CIK: 0000813672
Period of Report: 2020-07-01

Reporting Person: DEVGAN ANIRUDH (President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-07-01	Common Stock	M	70000	$17.16	Acquired	406567	Direct
2020-07-01	Common Stock	S	70000	$97.00	Disposed	336567	Direct
2020-07-01	Common Stock	M	80000	$19.60	Acquired	416567	Direct
2020-07-01	Common Stock	S	80000	$97.00	Disposed	336567	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-07-01	Non-Qualified Stock Option (right to buy)	$17.16	M	70000	Disposed	2022-02-09	Common Stock (70000)	Direct
2020-07-01	Non-Qualified Stock Option (right to buy)	$19.60	M	80000	Disposed	2023-02-08	Common Stock (80000)	Direct

Footnotes

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