CADENCE DESIGN SYSTEMS INC — Director's Dealing 2021

Jan 6, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CADENCE DESIGN SYSTEMS INC (CDNS)
CIK: 0000813672
Period of Report: 2021-01-04

Reporting Person: SHOVEN JOHN B (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-02-22	Common Stock	G	3889	$0.00	Disposed	2793	Direct
2020-02-22	Common Stock	G	3889	$0.00	Acquired	195781	Indirect
2021-01-04	Common Stock	M	20000	$14.22	Acquired	22793	Direct
2021-01-04	Common Stock	S	10791	$137.22	Disposed	12002	Direct
2021-01-04	Common Stock	S	9209	$137.94	Disposed	2793	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-01-04	Non-Qualified Stock Option (right to buy)	$14.22	M	20000	Disposed	2023-02-11	Common Stock (20000)	Direct

Footnotes

F1: Shares transferred to the Shoven Family Trust dated 03/01/2012.

F2: Shares held by the Shoven Family Trust dated 03/01/2012.

F3: The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 Trading Plan adopted by the Reporting Person.