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CADENCE DESIGN SYSTEMS INC — Director's Dealing 2021
Mar 1, 2021
29878_dirs_2021-03-01_50794ffe-5eb3-4963-9aac-117be8e6f44e.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: 2021-02-25
Reporting Person: TENG CHIN-CHI (Sr. Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-02-25 | Common Stock | A | 10759 | $0.00 | Acquired | 184202 | Direct |
| 2021-02-26 | Common Stock | S | 2985 | $139.49 | Disposed | 181217 | Direct |
| 2021-02-26 | Common Stock | S | 900 | $140.72 | Disposed | 180317 | Direct |
| 2021-02-26 | Common Stock | S | 1065 | $141.68 | Disposed | 179252 | Direct |
| 2021-02-26 | Common Stock | S | 50 | $142.34 | Disposed | 179202 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-02-25 | Non- Qualified Stock Option (right to buy) | $138.02 | A | 19160 | Acquired | 2028-02-25 | Common Stock (19160) | Direct |
Footnotes
F1: Grant of performance-based incentive stock.
F2: The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 Trading Plan adopted by the Reporting Person.
F3: Option vests at a rate of 1/48th per month.
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