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CADENCE DESIGN SYSTEMS INC — Director's Dealing 2020
Jun 22, 2020
29878_dirs_2020-06-22_0a50d4ce-6d2a-4d35-9c5d-b0767a50aeb5.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: 2020-06-19
Reporting Person: DEVGAN ANIRUDH (President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-06-19 | Common Stock | M | 30000 | $17.16 | Acquired | 366567 | Direct |
| 2020-06-19 | Common Stock | S | 30000 | $94.98 | Disposed | 336567 | Direct |
| 2020-06-19 | Common Stock | M | 30000 | $19.60 | Acquired | 366567 | Direct |
| 2020-06-19 | Common Stock | S | 30000 | $94.98 | Disposed | 336567 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-06-19 | Non-Qualified Stock Option (right to buy) | $17.16 | M | 30000 | Disposed | 2022-02-09 | Common Stock (30000) | Direct |
| 2020-06-19 | Non-Qualified Stock Option (right to buy) | $19.60 | M | 30000 | Disposed | 2023-02-08 | Common Stock (30000) | 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.
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