0001209191-23-031692.txt : 20230523 0001209191-23-031692.hdr.sgml : 20230523 20230523170838 ACCESSION NUMBER: 0001209191-23-031692 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230519 FILED AS OF DATE: 20230523 DATE AS OF CHANGE: 20230523 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: 23949746 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 2023-05-19 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 0 Common Stock 2023-05-19 4 M 0 25000 30.79 A 210761 D Common Stock 2023-05-19 4 M 0 25000 39.58 A 235761 D Common Stock 2023-05-19 4 S 0 4682 215.4392 D 231079 D Common Stock 2023-05-19 4 S 0 12860 216.4201 D 218219 D Common Stock 2023-05-19 4 S 0 11366 217.3661 D 206853 D Common Stock 2023-05-19 4 S 0 20647 218.1838 D 186206 D Common Stock 2023-05-19 4 S 0 445 218.9665 D 185761 D Non- Qualified Stock Option (right to buy) 30.79 2023-05-19 4 M 0 25000 0.00 D 2024-02-21 Common Stock 25000 0 D Non- Qualified Stock Option (right to buy) 39.58 2023-05-19 4 M 0 25000 0.00 D 2025-02-06 Common Stock 25000 0 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 $214.82 to $215.81, 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 $215.82 to $216.81, 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 $216.84 to $217.83, 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 $217.85 to $218.84, 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 $218.86 to $219.85, 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 2023-05-23