Form 4 for CDNS Cadence Design Systems
Accepted 2022-07-25 00:00:00 ET · period of report 2022-07-21 · accession 0001209191-22-043139 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MI | 2022-07-25 | 2022-07-21 | CDNS | TAN LIP BU | Dir, Executive COB | S - Sale | $166.73 | -40.0K | 1.18M | -3% | -$6.67M |
| I | 2022-07-25 | 2022-07-19 | CDNS | TAN LIP BU | Dir, Executive COB | G - Gift | $0.00 | -3,000 | 1.19M | -0.3% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-07-21 | S | D | 6,918 | $165.33 | 1,181,556 | I Held by Trust 2 | — | — | (F3) The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 Trading Plan adopted by the Reporting Person. (F5) The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $164.87 to $165.77, 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. (F2) Shares held by the Lip-Bu Tan and Ysa Loo Trust dated 2/3/1992. |
| 2 | Common | Common Stock | 2022-07-21 | S | D | 14,025 | $167.51 | 1,162,618 | I Held by Trust 2 | — | — | (F3) The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 Trading Plan adopted by the Reporting Person. (F7) The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $166.94 to $167.93, 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. (F2) Shares held by the Lip-Bu Tan and Ysa Loo Trust dated 2/3/1992. |
| 3 | Common | Common Stock | 2022-07-21 | S | D | 8,350 | $168.31 | 1,154,268 | I Held by Trust 2 | — | — | (F3) The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 Trading Plan adopted by the Reporting Person. (F8) The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $167.94 to $168.73, 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. (F2) Shares held by the Lip-Bu Tan and Ysa Loo Trust dated 2/3/1992. |
| 4 | Common | Common Stock | 2022-07-19 | G | D | 3,000 | $0.00 | 1,194,268 | I Held by Trust 2 | — | — | (F1) Shares transferred as a charitable gift from the Lip-Bu Tan and Ysa Loo Trust dated 2/3/1992, of which Reporting Person and Reporting Person's spouse are trustees. (F2) Shares held by the Lip-Bu Tan and Ysa Loo Trust dated 2/3/1992. |
| 5 | Common | Common Stock | 2022-07-21 | S | D | 5,794 | $164.43 | 1,188,474 | I Held by Trust 2 | — | — | (F3) The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 Trading Plan adopted by the Reporting Person. (F4) The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $163.86 to $164.82, 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. (F2) Shares held by the Lip-Bu Tan and Ysa Loo Trust dated 2/3/1992. |
| 6 | Common | Common Stock | 2022-07-21 | S | D | 4,913 | $166.54 | 1,176,643 | I Held by Trust 2 | — | — | (F3) The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 Trading Plan adopted by the Reporting Person. (F6) The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $165.94 to $166.92, 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. (F2) Shares held by the Lip-Bu Tan and Ysa Loo Trust dated 2/3/1992. |