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: TENG CHIN-CHI (Sr. Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-02-14	Common Stock	A	16760	$0.00	Acquired	197503	Direct
2020-02-14	Common Stock	A	2095	$0.00	Acquired	199598	Direct
2020-02-18	Common Stock	F	1031	$78.58	Disposed	198567	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	35910	Acquired	2027-02-14	Common Stock (35910)	Direct
2020-02-14	Non-Qualified Stock Option (right to buy)	$78.76	A	4489	Acquired	2027-02-14	Common Stock (4489)	Direct

Footnotes

F1: Grant of performance-based incentive stock.

F2: Amount of securities beneficially owned includes 163 shares acquired by the Reporting Person through the Employee Stock Purchase Plan on January 31, 2020.

F3: Shares withheld to satisfy tax obligations arising out of vesting of restricted stock.

F4: Option vests at a rate of 1/48th per month.