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CADENCE DESIGN SYSTEMS INC Director's Dealing 2025

Jun 20, 2025

29878_dirs_2025-06-20_4a2933da-09e2-46f9-8568-589fe4f7ceb3.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: 2025-06-17

Reporting Person: TENG CHIN-CHI (Sr. Vice President)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2025-06-17 Common Stock S 890 $299.84 Disposed 138823 Direct
2025-06-17 Common Stock S 1534 $300.69 Disposed 137289 Direct
2025-06-17 Common Stock S 1076 $302.16 Disposed 136213 Direct
2025-06-17 Common Stock M 5392 $142.50 Acquired 141605 Direct
2025-06-17 Common Stock S 1377 $299.87 Disposed 140228 Direct
2025-06-17 Common Stock S 2478 $300.74 Disposed 137750 Direct
2025-06-17 Common Stock S 1537 $302.15 Disposed 136213 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2025-06-17 Non- Qualified Stock Option (right to buy $142.50 M 5392 Disposed 2029-03-15 Common Stock (5392) Direct

Footnotes

F1: The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 Trading Plan adopted on 3/7/2025 by the Reporting Person.

F2: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $299.555 to $300.33, 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.

F3: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $300.57 to $300.97, 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 $301.835 to $302.43, 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.

F5: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $299.37 to $300.35, 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.

F6: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $300.45 to $301.43, 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.

F7: The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $301.835 to $302.49, 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.

F8: These options vested at a rate of 1/48th per month starting on April 15, 2022.