0001209191-23-019856.txt : 20230317
0001209191-23-019856.hdr.sgml : 20230317
20230317180700
ACCESSION NUMBER: 0001209191-23-019856
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230315
FILED AS OF DATE: 20230317
DATE AS OF CHANGE: 20230317
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: DEVGAN ANIRUDH
CENTRAL INDEX KEY: 0001591933
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-15867
FILM NUMBER: 23744211
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]
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
2023-03-15
0
0000813672
CADENCE DESIGN SYSTEMS INC
CDNS
0001591933
DEVGAN ANIRUDH
2655 SEELY AVENUE, BLDG. 5
SAN JOSE
CA
95134
1
1
0
0
President and CEO
Common Stock
2023-03-15
4
A
0
37956
0.00
A
210370
D
Common Stock
2023-03-15
4
F
0
5547
202.94
D
204823
D
Common Stock
2023-03-16
4
S
0
1832
200.6638
D
202991
D
Common Stock
2023-03-16
4
S
0
2423
201.8383
D
200568
D
Common Stock
2023-03-16
4
S
0
1390
202.6247
D
199178
D
Common Stock
2023-03-16
4
F
0
25285
202.94
D
173893
D
Non- Qualified Stock Option (right to buy)
202.94
2023-03-15
4
A
0
108390
0.00
A
2030-03-15
Common Stock
108390
108390
D
Grant of Performance-Based Incentive Stock Award.
Shares withheld to satisfy tax obligations arising out of vesting of Performance Stock Awards.
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 $200.25 to $201.16, 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 $201.27 to $202.18, 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 $202.35 to $202.82, 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.
Option vests at a rate of 1/48th per month.
Ahalya Hildreth, Attorney-in-Fact for Anirudh Devgan
2023-03-17