0001209191-23-026739.txt : 20230502 0001209191-23-026739.hdr.sgml : 20230502 20230502185920 ACCESSION NUMBER: 0001209191-23-026739 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230428 FILED AS OF DATE: 20230502 DATE AS OF CHANGE: 20230502 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: 23881087 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 X0407 4 2023-04-28 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 1 Common Stock 2023-04-28 4 S 0 2800 208.7414 D 835240 I Held by Trust 2 Common Stock 2023-04-28 4 S 0 13945 209.3918 D 821295 I Held by Trust 2 Common Stock 2023-04-28 4 S 0 10237 210.2645 D 811058 I Held by Trust 2 Common Stock 2023-04-28 4 S 0 3018 211.3104 D 808040 I Held by Trust 2 Common Stock 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 The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 Trading Plan adopted on 11/30/2022 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 $207.95 to $208.93, 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 the Lip-Bu Tan and Ysa Loo Trust dated 2/3/1992. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $208.95 to $209.93, 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 $209.95 to $210.94, 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 $210.97 to $211.86, 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. Ahalya Hildreth, Attorney-in-Fact for Lip-Bu Tan 2023-05-02