Karna Nisewaner - Sep 16, 2022 Form 4 Insider Report for CADENCE DESIGN SYSTEMS INC (CDNS)

Role
Corporate VP, General Counsel
Signature
/s/ Ahalya Hildreth, Attorney-in-Fact for Karna Nisewaner
Stock symbol
CDNS
Transactions as of
Sep 16, 2022
Transactions value $
-$37,618
Form type
4
Date filed
9/19/2022, 09:09 PM
Next filing
Jan 25, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CDNS Common Stock Award $0 +3.91K +29.78% $0.00 17K Sep 16, 2022 Direct F1
transaction CDNS Common Stock Tax liability -$37.6K -229 -1.35% $164.27 16.8K Sep 16, 2022 Direct 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) Award $0 +5.79K $0.00 5.79K Sep 16, 2022 Common Stock 5.79K $164.27 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Grant of performance-based incentive stock award.
F2 Shares withheld to satisfy tax obligations arising out of the vesting of an incentive stock award.
F3 Option vests at a rate of 1/48th per month.