0001209191-23-004093.txt : 20230119
0001209191-23-004093.hdr.sgml : 20230119
20230119191418
ACCESSION NUMBER: 0001209191-23-004093
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230117
FILED AS OF DATE: 20230119
DATE AS OF CHANGE: 20230119
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: 23538579
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
2023-01-17
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
2022-12-22
5
G
0
E
11000
0.00
D
945936
I
Held by Trust 2
Common Stock
2022-12-23
5
G
0
E
18056
0.00
D
927880
I
Held by Trust 2
Common Stock
2023-01-17
4
M
0
42500
30.79
A
645089
D
Common Stock
2023-01-17
4
S
0
1101
170.5175
D
643988
D
Common Stock
2023-01-17
4
S
0
1310
171.4505
D
642678
D
Common Stock
2023-01-17
4
S
0
10479
172.8673
D
632199
D
Common Stock
2023-01-17
4
S
0
25939
173.6979
D
606260
D
Common Stock
2023-01-17
4
S
0
3671
174.2469
D
602589
D
Common Stock
15000
I
Held by Trust 1
Common Stock
7000
I
Held by Trust 3
Common Stock
31400
I
Held by IRA
Non- Qualified Stock Option (right to buy)
30.79
2023-01-17
4
M
0
42500
0.00
D
2024-02-21
Common Stock
42500
382500
D
Shares transferred as a charitable gift from the Lip-Bu Tan and Ysa Loo Trust dated 2/3/1992, of which the Reporting Person and the Reporting Person's spouse are trustees.
Shares held by the Lip-Bu Tan and Ysa Loo Trust dated 2/3/1992.
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 $170.11 to $171.09, 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 $171.11 to $172.10, 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 $172.11 to $173.10, 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 $173.11 to $174.10, 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 $174.11 to $174.46, 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.
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 21, 2017.
Stephanie Wells, Attorney-in-Fact for Lip-Bu Tan
2023-01-19