0001209191-23-019867.txt : 20230317 0001209191-23-019867.hdr.sgml : 20230317 20230317181049 ACCESSION NUMBER: 0001209191-23-019867 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: ZAMAN ANEEL CENTRAL INDEX KEY: 0001651877 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-15867 FILM NUMBER: 23744236 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 0001651877 ZAMAN ANEEL 2655 SEELY AVENUE, BLDG. 5 SAN JOSE CA 95134 0 1 0 0 Sr. Vice President Common Stock 2023-03-15 4 A 0 13360 0.00 A 99413 D Common Stock 2023-03-15 4 F 0 2562 202.94 D 96851 D Common Stock 2023-03-16 4 M 0 2918 138.02 A 99769 D Common Stock 2023-03-16 4 M 0 5985 78.76 A 105754 D Common Stock 2023-03-16 4 M 0 6114 56.57 A 111868 D Common Stock 2023-03-16 4 S 0 5700 200.6209 D 106168 D Common Stock 2023-03-16 4 S 0 3909 201.525 D 102259 D Common Stock 2023-03-16 4 S 0 8017 202.3799 D 94242 D Common Stock 2023-03-16 4 F 0 12642 202.94 D 81600 D Non- Qualified Stock Option (right to buy) 202.94 2023-03-15 4 A 0 19655 0.00 A 2030-03-15 Common Stock 19655 19655 D Non- Qualified Stock Option (right to buy) 56.57 2023-03-16 4 M 0 6114 0.00 D 2026-02-22 Common Stock 6114 0 D Non- Qualified Stock Option (right to buy) 78.76 2023-03-16 4 M 0 5985 0.00 D 2027-02-14 Common Stock 5985 8230 D Non- Qualified Stock Option (right to buy) 138.02 2023-03-16 4 M 0 2918 0.00 D 2028-02-25 Common Stock 2918 10006 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 $200.01 to $200.99, 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 $201.01 to $201.94, 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 $202.02 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. These options vested at a rate of 1/48th per month starting on March 22, 2019. These options vested at a rate of 1/48th per month starting on March 14, 2020. These options vested at a rate of 1/48th per month starting on March 25, 2021. Ahalya Hildreth, Attorney-in-Fact for Aneel Zaman 2023-03-17