0000813672-24-000139.txt : 20240610 0000813672-24-000139.hdr.sgml : 20240610 20240610173749 ACCESSION NUMBER: 0000813672-24-000139 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240606 FILED AS OF DATE: 20240610 DATE AS OF CHANGE: 20240610 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: TENG CHIN-CHI CENTRAL INDEX KEY: 0001751946 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-15867 FILM NUMBER: 241033918 MAIL ADDRESS: STREET 1: 2655 SEELY AVENUE CITY: SAN JOSE STATE: CA ZIP: 95134 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: CADENCE DESIGN SYSTEMS INC CENTRAL INDEX KEY: 0000813672 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] ORGANIZATION NAME: 06 Technology IRS NUMBER: 770148231 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 2655 SEELY AVENUE BLDG 5 CITY: SAN JOSE STATE: CA ZIP: 95134 BUSINESS PHONE: 4089431234 MAIL ADDRESS: STREET 1: 2655 SEELY AVENUE CITY: SAN JOSE STATE: CA ZIP: 95134 FORMER COMPANY: FORMER CONFORMED NAME: ECAD INC /DE/ DATE OF NAME CHANGE: 19880609 4 1 wk-form4_1718055437.xml FORM 4 X0508 4 2024-06-06 0 0000813672 CADENCE DESIGN SYSTEMS INC CDNS 0001751946 TENG CHIN-CHI 2655 SEELY AVENUE, BLDG. 5 SAN JOSE CA 95134 0 1 0 0 Sr. Vice President 1 Common Stock 2024-06-06 4 M 0 6000 78.76 A 101408 D Common Stock 2024-06-06 4 M 0 4301 78.76 A 105709 D Common Stock 2024-06-06 4 M 0 13172 138.02 A 118881 D Common Stock 2024-06-06 4 M 0 8711 142.50 A 127592 D Common Stock 2024-06-06 4 S 0 750 296.09 D 126842 D Common Stock 2024-06-06 4 S 0 23146 297.26 D 103696 D Common Stock 2024-06-06 4 S 0 8288 298.11 D 95408 D Non- Qualified Stock Option (right to buy) 78.76 2024-06-06 4 M 0 6000 0 D 2027-02-14 Common Stock 6000 29910 D Non- Qualified Stock Option (right to buy) 78.76 2024-06-06 4 M 0 4301 0 D 2027-02-14 Common Stock 4301 188 D Non- Qualified Stock Option (right to buy) 138.02 2024-06-06 4 M 0 13172 0 D 2028-02-25 Common Stock 13172 5988 D Non- Qualified Stock Option (right to buy 142.50 2024-06-06 4 M 0 8711 0 D 2029-03-15 Common Stock 8711 11200 D The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 Trading Plan adopted on March 7, 2024 by the Reporting Person. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $295.57 to $296.55, 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. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $296.77 to $297.74, 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. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $297.82 to $298.58, 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. These options vested at a rate of 1/48th per month starting on March 14, 2020. These options vested at a rate of 1/48th per month starting on March 25, 2021. These options vested at a rate of 1/48th per month starting on April 15, 2022. Ahalya Hildreth, Attorney-in-Fact for Chin-Chi Teng 2024-06-10