CADENCE DESIGN SYSTEMS INC — Director's Dealing 2023

Feb 14, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CADENCE DESIGN SYSTEMS INC (CDNS)
CIK: 0000813672
Period of Report: 2020-12-31

Reporting Person: SANGIOVANNI VINCENTELLI ALBERTO (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-12-31	Common Stock	G	22180	$0.00	Disposed	78410	Direct
2023-02-10	Common Stock	M	10000	$14.22	Acquired	88410	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-02-10	Non- Qualified Stock Option (right to buy)	$14.22	M	10000	Disposed	2023-02-11	Common Stock (10000)	Direct

Footnotes

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