John B. Shoven - Aug 8, 2022 Form 4 Insider Report for CADENCE DESIGN SYSTEMS INC (CDNS)

Role
Director
Signature
Stephanie Wells, Attorney-in-Fact for John B. Shoven
Stock symbol
CDNS
Transactions as of
Aug 8, 2022
Transactions value $
-$3,446,000
Form type
4
Date filed
8/10/2022, 08:53 PM
Previous filing
Jun 6, 2022
Next filing
May 8, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CDNS Common Stock Options Exercise $276K +20K +341.3% $13.81* 25.9K Aug 8, 2022 Direct F1
transaction CDNS Common Stock Sale -$3.72M -20K -77.34% $186.11 5.86K Aug 8, 2022 Direct F1
holding CDNS Common Stock 196K Aug 8, 2022 Held by Trust F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CDNS Non- Qualified Stock Option (right to buy) Options Exercise $0 -20K -100% $0.00* 0 Aug 8, 2022 Common Stock 20K $13.81 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 Trading Plan adopted by the Reporting Person.
F2 Shares held by the Shoven Family Trust dated 03/01/2012.