CADENCE DESIGN SYSTEMS INC — Director's Dealing 2020

Feb 19, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CADENCE DESIGN SYSTEMS INC (CDNS)
CIK: 0000813672
Period of Report: 2020-02-14

Reporting Person: TAN LIP BU (Director, CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-01-31	Common Stock	G	163	$0.00	Disposed	848272	Direct
2020-01-31	Common Stock	G	163	$0.00	Acquired	1129390	Indirect
2020-02-06	Common Stock	G	11580	$0.00	Disposed	836692	Direct
2020-02-06	Common Stock	G	11580	$0.00	Acquired	1140970	Indirect
2020-02-14	Common Stock	A	47613	$0.00	Acquired	884305	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-02-14	Non-Qualified Stock Option (right to buy)	$78.76	A	198035	Acquired	2027-02-14	Common Stock (198035)	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: Amount of securities beneficially owned reflects 163 shares acquired by the Reporting Person through the Employee Stock Purchase Plan on January 31, 2020 and transferred to the Lip-Bu Tan and Ysa Loo Trust dated 2/3/1992 as reported in this Form 4.

F3: Shares held by the Lip-Bu Tan and Ysa Loo Trust dated 2/3/1992.

F4: Grant of performance-based incentive stock.

F5: 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.

F6: Shares held by L Tan & N Lee TTEE, Pacven Walden Inc. 401(K) PSPS, FBO Lip-Bu Tan.

F7: Shares held by IRA FBO Lip-Bu Tan DB Securities Inc. Custodian Rollover Account DTD 5/19/1997.

F8: Option vests at a rate of 1/48th per month.