CADENCE DESIGN SYSTEMS INC — Director's Dealing 2020

Apr 24, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CADENCE DESIGN SYSTEMS INC (CDNS)
CIK: 0000813672
Period of Report: 2020-04-23

Reporting Person: Cowie James J (Sr. VP, General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-04-23	Common Stock	M	15815	$39.58	Acquired	94539	Direct
2020-04-23	Common Stock	S	15815	$80.64	Disposed	78724	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-04-23	Non-Qualified Stock Option (right to buy)	$39.58	M	15815	Disposed	2025-02-06	Common Stock (15815)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1251	Indirect

Footnotes

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

F2: Shares held by the Cowie Family Trust UAD 12/14/2012, of which the Reporting Person and the Reporting Person's spouse are trustees.