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CADENCE DESIGN SYSTEMS INC — Director's Dealing 2020
Feb 21, 2020
29878_dirs_2020-02-21_6562f3b8-42a9-4c4a-a14c-1165153e4924.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: 2020-02-19
Reporting Person: Adams Mark (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-02-07 | Common Stock | G | 22480 | $0.00 | Disposed | 5771 | Direct |
| 2019-02-07 | Common Stock | G | 22480 | $0.00 | Acquired | 22480 | Indirect |
| 2020-02-19 | Common Stock | G | 3250 | $0.00 | Disposed | 19230 | Indirect |
| 2020-02-19 | Common Stock | G | 3250 | $0.00 | Acquired | 9021 | Direct |
| 2020-02-19 | Common Stock | S | 3250 | $80.00 | Disposed | 5771 | Direct |
Footnotes
F1: On February 7, 2019 and various other dates, the Reporting Person transferred an aggregate of 22,480 directly owned shares to the Adams Family Trust dated 10/27/2000. The Reporting Person remains the beneficial owner of the shares, which are now reported as indirectly owned through the trust.
F2: Shares held by the Adams Family Trust dated 10/27/2000.
F3: Shares transferred from the Adams Family Trust dated 10/27/2000 to the Reporting Person.
F4: The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 Trading Plan adopted by the Reporting Person.