CADENCE DESIGN SYSTEMS INC — Director's Dealing 2023

Mar 17, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CADENCE DESIGN SYSTEMS INC (CDNS)
CIK: 0000813672
Period of Report: 2023-03-15

Reporting Person: Nisewaner Karna (Corporate VP, General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-03-15	Common Stock	A	7348	$0.00	Acquired	22621	Direct
2023-03-16	Common Stock	F	227	$207.82	Disposed	22394	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-03-15	Non Qualified Stock Option (right to buy)	$202.94	A	10810	Acquired	2030-03-15	Common Stock (10810)	Direct

Footnotes

F1: Grant of Performance-Based Incentive Stock Award.

F2: Shares withheld to satisfy tax obligations arising out of vesting of Performance Stock Awards.

F3: Option vests at a rate of 1/48th per month.