CADENCE DESIGN SYSTEMS INC — Director's Dealing 2023

Aug 29, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CADENCE DESIGN SYSTEMS INC (CDNS)
CIK: 0000813672
Period of Report: 2023-08-25

Reporting Person: ZAMAN ANEEL (Sr. Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-08-25	Common Stock	F	1184	$232.51	Disposed	67287	Direct
2023-08-29	Common Stock	S	826	$231.5971	Disposed	66461	Direct
2023-08-29	Common Stock	S	381	$232.4264	Disposed	66080	Direct

Footnotes

F1: Shares withheld to satisfy tax obligations arising out of vesting of Performance Stock Award.

F2: The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 Trading Plan adopted on 5/2/2023 by the Reporting Person.

F3: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $231.05 to $231.96, 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.

F4: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $232.08 to $232.86, 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.