0000813672-24-000146.txt : 20240702 0000813672-24-000146.hdr.sgml : 20240702 20240702195946 ACCESSION NUMBER: 0000813672-24-000146 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240701 FILED AS OF DATE: 20240702 DATE AS OF CHANGE: 20240702 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: 241097913 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_1719964778.xml FORM 4 X0508 4 2024-07-01 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 2024-07-01 4 M 0 10000 78.76 A 105408 D Common Stock 2024-07-01 4 S 0 4520 304.761 D 100888 D Common Stock 2024-07-01 4 S 0 1904 305.84 D 98984 D Common Stock 2024-07-01 4 S 0 1815 306.673 D 97169 D Common Stock 2024-07-01 4 S 0 1761 307.75 D 95408 D Non- Qualified Stock Option (right to buy) 78.76 2024-07-01 4 M 0 10000 0 D 2027-02-14 Common Stock 10000 19910 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 $304.29 to $305.18 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 $305.38 to $306.32, 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 $306.49 to $307.03, 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. Ahalya Hildreth, Attorney-in-Fact for Chin-Chi Teng 2024-07-02