0001209191-22-046515.txt : 20220817
0001209191-22-046515.hdr.sgml : 20220817
20220817211518
ACCESSION NUMBER: 0001209191-22-046515
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220815
FILED AS OF DATE: 20220817
DATE AS OF CHANGE: 20220817
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: TAN LIP BU
CENTRAL INDEX KEY: 0001008463
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-15867
FILM NUMBER: 221176149
MAIL ADDRESS:
STREET 1: ONE CALIFORNIA STREET 28TH FLOOR
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94111
FORMER NAME:
FORMER CONFORMED NAME: TAN LIP BU ET AL
DATE OF NAME CHANGE: 19960217
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: CADENCE DESIGN SYSTEMS INC
CENTRAL INDEX KEY: 0000813672
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372]
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
doc4.xml
FORM 4 SUBMISSION
X0306
4
2022-08-15
0
0000813672
CADENCE DESIGN SYSTEMS INC
CDNS
0001008463
TAN LIP BU
2655 SEELY AVENUE, BLDG. 5
SAN JOSE
CA
95134
1
0
0
1
Executive Chair
Common Stock
2022-08-15
4
F
0
4153
193.09
D
608023
D
Common Stock
2022-08-15
4
M
0
50000
19.60
A
658023
D
Common Stock
2022-08-16
4
S
0
18818
191.7079
D
639205
D
Common Stock
2022-08-16
4
S
0
24324
192.6411
D
614881
D
Common Stock
2022-08-16
4
S
0
6258
193.5064
D
608623
D
Common Stock
2022-08-16
4
S
0
600
194.3583
D
608023
D
Common Stock
15000
I
Held by Trust 1
Common Stock
1154346
I
Held by Trust 2
Common Stock
7000
I
Held by Trust 3
Common Stock
31400
I
Held by IRA
Non- Qualified Stock Option (right to buy)
19.60
2022-08-16
4
M
0
50000
0.00
D
2023-02-08
Common Stock
50000
100000
D
Shares withheld to satisfy tax obligations arising out of vesting of PSA.
The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 Trading Plan adopted 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 $191.14 to $192.13, 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 $192.14 to $193.13, 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 $193.15 to $194.09, 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 $194.25 to $194.48, 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.
Shares held by A&E Investment LLC, the sole member of which is the Lip-Bu Tan and Ysa Loo Trust dated 2/3/1992.
Amount of securities held by trust includes 78 shares acquired by the Reporting Person through the Employee Stock Purchase Plan on July 29, 2022.
Shares held by the Lip-Bu Tan and Ysa Loo Trust dated 2/3/1992.
Shares held by L Tan & N Lee TTEE, Pacven Walden Inc. 401(K) PSPS, FBO Lip-Bu Tan.
Shares held by IRA FBO Lip-Bu Tan DB Securities Inc. Custodian Rollover Account DTD 5/19/1997.
These options vested at a rate of 1/48th per month starting on March 8, 2016.
Stephanie Wells, Attorney-in-Fact for Lip-Bu Tan
2022-08-17