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CADENCE DESIGN SYSTEMS INC Director's Dealing 2023

May 8, 2023

29878_dirs_2023-05-08_b1c7eafc-28fa-4704-89fd-bc49b6796ea0.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: 2021-12-07

Reporting Person: SOHN YOUNG (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-12-07 Common Stock G 24899 $0.00 Disposed 11473 Direct
2023-05-04 Common Stock A 1073 $0.00 Acquired 12546 Direct

Footnotes

F1: This transaction involved a gift of securities by the Reporting Person to his ex-wife. The Reporting Person disclaims beneficial ownership of the shares held by his ex-wife, and this report should not be deemed an admission that the Reporting Person is the beneficial owner of his ex-wife's shares for purposes of Section 16 or for any other purpose.

F2: Incentive stock award fully vests on the earlier to occur of (i) the first anniversary of the Grant Date and (ii) the date of the next Annual Meeting of
Stockholders that follows the Grant Date.