Form 4 for CDNS Cadence Design Systems
Accepted 2023-03-17 00:00:00 ET · period of report 2023-03-15 · accession 0001209191-23-019856 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2023-03-17 | 2023-03-16 | CDNS | DEVGAN ANIRUDH | Pres, CEO, Dir | S - Sale | $201.65 | -5,645 | 200.6K | -3% | -$1.14M |
| DM | 2023-03-17 | 2023-03-15+ | CDNS | DEVGAN ANIRUDH | Pres, CEO, Dir | F - Tax | $202.94 | -30.8K | 204.8K | -13% | -$6.26M |
| D | 2023-03-17 | 2023-03-15 | CDNS | DEVGAN ANIRUDH | Pres, CEO, Dir | A - Grant | $0.00 | +38.0K | 210.4K | +22% | $0 |
| D | 2023-03-17 | 2023-03-15 | CDNS | DEVGAN ANIRUDH | Pres, CEO, Dir | A - Grant | $0.00 | +108.4K | 108.4K | New | $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 | 2023-03-16 | S | D | 1,832 | $200.66 | 202,991 | D | — | — | (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 $200.25 to $201.16, 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. |
| 2 | Common | Common Stock | 2023-03-16 | F | D | 25,285 | $202.94 | 173,893 | D | — | — | (F2) Shares withheld to satisfy tax obligations arising out of vesting of Performance Stock Awards. |
| 3 | Common | Common Stock | 2023-03-16 | S | D | 1,390 | $202.62 | 199,178 | D | — | — | (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 $202.35 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. |
| 4 | Common | Common Stock | 2023-03-16 | S | D | 2,423 | $201.84 | 200,568 | D | — | — | (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 $201.27 to $202.18, 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. |
| 5 | Common | Common Stock | 2023-03-15 | F | D | 5,547 | $202.94 | 204,823 | D | — | — | (F2) Shares withheld to satisfy tax obligations arising out of vesting of Performance Stock Awards. |
| 6 | Common | Common Stock | 2023-03-15 | A | A | 37,956 | $0.00 | 210,370 | D | — | — | (F1) Grant of Performance-Based Incentive Stock Award. |
| 7 | Derivative | Non- Qualified Stock Option (right to buy) | 2023-03-15 | A | A | 108,390 | $0.00 | 108,390 | D | $202.94 · — to 2030-03-15 | 108,390 Common Stock | (F7) Option vests at a rate of 1/48th per month. |