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CADENCE DESIGN SYSTEMS INC Director's Dealing 2021

Feb 9, 2021

29878_dirs_2021-02-09_ee510651-98f2-42c1-b0fa-748d40050a7e.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: 2021-02-08

Reporting Person: MANDAVA SURENDRA BABU (Sr. Vice President)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2020-10-26 Common Stock G 10000 $0.00 Disposed 268133 Direct
2020-10-26 Common Stock G 10000 $0.00 Disposed 258133 Direct
2021-02-08 Common Stock F 1507 $137.58 Disposed 256752 Direct

Footnotes

F1: Shares transferred as bona fide gifts from the Reporting Person to the children of the Reporting Person.

F2: Shares withheld to satisfy tax obligations arising out of vesting of restricted stock.

F3: Amount of securities beneficially owned includes 126 shares acquired by the Reporting Person through the Employee Stock Purchase Plan on January 29, 2021.