0001209191-23-019814.txt : 20230317
0001209191-23-019814.hdr.sgml : 20230317
20230317174915
ACCESSION NUMBER: 0001209191-23-019814
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230316
FILED AS OF DATE: 20230317
DATE AS OF CHANGE: 20230317
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: 23744097
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
2023-03-16
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
2023-03-16
4
M
0
42500
30.79
A
645089
D
Common Stock
2023-03-16
4
S
0
3000
200.9007
D
642089
D
Common Stock
2023-03-16
4
S
0
3207
202.0925
D
638882
D
Common Stock
2023-03-16
4
S
0
4139
202.9319
D
634743
D
Common Stock
2023-03-16
4
S
0
2787
204.2685
D
631956
D
Common Stock
2023-03-16
4
S
0
1026
205.237
D
630930
D
Common Stock
2023-03-16
4
S
0
2201
206.0741
D
628729
D
Common Stock
2023-03-16
4
S
0
10312
207.3472
D
618417
D
Common Stock
2023-03-16
4
S
0
13952
208.1758
D
604465
D
Common Stock
2023-03-16
4
S
0
1876
208.8702
D
602589
D
Common Stock
15000
I
Held by Trust 1
Common Stock
868040
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)
30.79
2023-03-16
4
M
0
42500
0.00
D
2024-02-21
Common Stock
42500
297500
D
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 $200.51 to $201.46, 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.
The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $201.57 to $202.53, 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 $202.62 to $203.35, 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.
The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $203.67 to $204.65, 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 $204.71 to $205.66, 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 $205.72 to $206.68, 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 $206.73 to $207.72, 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 $207.73 to $208.72, 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 $208.73 to $209.13, 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.
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 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.
Ahalya Hildreth, Attorney-in-Fact for Lip-Bu Tan
2023-03-17