0001209191-23-031611.txt : 20230522 0001209191-23-031611.hdr.sgml : 20230522 20230522200110 ACCESSION NUMBER: 0001209191-23-031611 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230518 FILED AS OF DATE: 20230522 DATE AS OF CHANGE: 20230522 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BECKLEY THOMAS P CENTRAL INDEX KEY: 0001583180 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-15867 FILM NUMBER: 23946224 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 X0407 4 2023-05-18 0 0000813672 CADENCE DESIGN SYSTEMS INC CDNS 0001583180 BECKLEY THOMAS P 2655 SEELY AVENUE, BLDG. 5 SAN JOSE CA 95134 0 1 0 0 Sr. Vice President 1 Common Stock 2023-05-18 4 M 0 25000 30.79 A 235989 D Common Stock 2023-05-18 4 M 0 25775 39.58 A 261764 D Common Stock 2023-05-18 4 S 0 1100 206.30 D 260664 D Common Stock 2023-05-18 4 S 0 7864 207.45 D 252800 D Common Stock 2023-05-18 4 S 0 13871 208.11 D 238929 D Common Stock 2023-05-18 4 S 0 8540 209.33 D 230389 D Common Stock 2023-05-18 4 S 0 1600 210.60 D 228789 D Common Stock 2023-05-18 4 S 0 2800 211.42 D 225989 D Common Stock 2023-05-18 4 S 0 6700 212.69 D 219289 D Common Stock 2023-05-18 4 S 0 8300 213.33 D 210989 D Common Stock 2023-05-18 4 S 0 1000 206.59 D 209989 D Common Stock 2023-05-18 4 S 0 10028 207.73 D 199961 D Common Stock 2023-05-18 4 S 0 11175 208.51 D 188786 D Common Stock 2023-05-18 4 S 0 3025 209.15 D 185761 D Non- Qualified Stock Option (right to buy) 30.79 2023-05-18 4 M 0 25000 0.00 D 2024-02-21 Common Stock 25000 25000 D Non- Qualified Stock Option (right to buy) 39.58 2023-05-18 4 M 0 25775 0.00 D 2025-02-06 Common Stock 25775 25000 D The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 Trading Plan adopted on 2/17/2023 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 $205.73 to $206.69, 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 $206.77 to $207.76, 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 $207.77 to $208.73, 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 $209.00 to $209.98, 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 $210.02 to $210.95, 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 $211.06 to $211.78, 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 $212.175 to $212.99, 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 $213.17 to $213.68, 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 $205.95 to $206.90, 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 $207.06 to $208.03, 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 $208.06 to $209.04, 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 $209.08 to $209.40, 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. These options vested at a rate of 1/48th per month starting on March 21, 2017. These options vested at a rate of 1/48th per month starting on March 6, 2018. Ahalya Hildreth, Attorney-in-Fact for Thomas Beckley 2023-05-22