AI assistant
CADENCE DESIGN SYSTEMS INC — Director's Dealing 2020
Mar 27, 2020
29878_dirs_2020-03-27_044a64e0-a760-4648-87c8-12d3d64eb0e4.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: CADENCE DESIGN SYSTEMS INC (CDNS)
CIK: 0000813672
Period of Report: 2020-03-26
Reporting Person: TAN LIP BU (Director, CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-02-21 | Common Stock | G | 12500 | $0.00 | Disposed | 871805 | Direct |
| 2020-02-21 | Common Stock | G | 12500 | $0.00 | Acquired | 1153470 | Indirect |
| 2020-02-24 | Common Stock | G | 17677 | $0.00 | Disposed | 854128 | Direct |
| 2020-02-24 | Common Stock | G | 17677 | $0.00 | Acquired | 1171147 | Indirect |
| 2020-03-16 | Common Stock | G | 102000 | $0.00 | Disposed | 752128 | Direct |
| 2020-03-16 | Common Stock | G | 102000 | $0.00 | Acquired | 1273147 | Indirect |
| 2020-03-26 | Common Stock | M | 12295 | $13.81 | Acquired | 764423 | Direct |
| 2020-03-26 | Common Stock | S | 12295 | $67.04 | Disposed | 752128 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-03-26 | Non-Qualified Stock Option (right to buy) | $13.81 | M | 12295 | Disposed | 2021-02-04 | Common Stock (12295) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 15000 | Indirect |
| Common Stock | 7000 | Indirect |
| Common Stock | 31400 | Indirect |
Footnotes
F1: Shares transferred to the Lip-Bu Tan and Ysa Loo Trust dated 2/3/1992.
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.