CADENCE DESIGN SYSTEMS INC — Director's Dealing 2022

May 2, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CADENCE DESIGN SYSTEMS INC (CDNS)
CIK: 0000813672
Period of Report: 2022-04-28

Reporting Person: PLUMMER JAMES D (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-04-28	Common Stock	M	10000	$14.22	Acquired	38674	Direct
2022-04-28	Common Stock	M	10000	$13.81	Acquired	48674	Direct
2022-04-28	Common Stock	S	20000	$156.4411	Disposed	28674	Direct
2022-04-28	Common Stock	S	13000	$155.2031	Disposed	2000	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-04-28	Non-Qualified Stock Option (right to buy)	$14.22	M	10000	Disposed	2023-02-11	Common Stock (10000)	Direct
2022-04-28	Non-Qualified Stock Option (right to buy)	$13.81	M	10000	Disposed	2024-02-04	Common Stock (10000)	Direct

Footnotes

F1: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $156.19 to $156.67, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F2: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $155.14 to $155.445, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F3: Shares held by the Plummer Family Trust.

F4: Option fully vested on February 11, 2014.

F5: Option fully vested on February 4, 2015.