CADENCE DESIGN SYSTEMS INC — Director's Dealing 2023

Mar 13, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CADENCE DESIGN SYSTEMS INC (CDNS)
CIK: 0000813672
Period of Report: 2023-03-09

Reporting Person: WALL JOHN M (Sr. VP & CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-03-09	Common Stock	M	37260	$56.57	Acquired	158000	Direct
2023-03-09	Common Stock	S	37260	$199.88	Disposed	120740	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-03-09	Non Qualified Stock Option (right to buy)	$56.57	M	37260	Disposed	2026-02-22	Common Stock (37260)	Direct

Footnotes

F1: The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 Trading Plan adopted by the Reporting Person.

F2: These options vested at a rate of 1/48th per month starting on March 22, 2019.