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CADENCE DESIGN SYSTEMS INC — Director's Dealing 2022
Sep 19, 2022
29878_dirs_2022-09-19_383ea2c4-bdfb-4300-b2c6-9b6b788d2021.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: 2022-09-16
Reporting Person: Nisewaner Karna (Corporate VP, General Counsel)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-09-16 | Common Stock | A | 3906 | $0.00 | Acquired | 17022 | Direct |
| 2022-09-16 | Common Stock | F | 229 | $164.27 | Disposed | 16793 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-09-16 | Non-Qualified Stock Option (right to buy) | $164.27 | A | 5793 | Acquired | 2029-09-16 | Common Stock (5793) | Direct |
Footnotes
F1: Grant of performance-based incentive stock award.
F2: Shares withheld to satisfy tax obligations arising out of the vesting of an incentive stock award.
F3: Option vests at a rate of 1/48th per month.
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