Anirudh Devgan - Mar 17, 2025 Form 4 Insider Report for CADENCE DESIGN SYSTEMS INC (CDNS)

Role
President and CEO, Director
Signature
/s/ Ahalya Hildreth, Attorney-in-Fact for Anirudh Devgan
Stock symbol
CDNS
Transactions as of
Mar 17, 2025
Transactions value $
-$3,586,591
Form type
4
Date filed
3/19/2025, 06:33 PM
Previous filing
Jan 8, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CDNS Common Stock Tax liability -$2.78M -10.9K -19.44% $255.11 45.1K Mar 17, 2025 Direct F1, F2
transaction CDNS Common Stock Award $0 +135K +299.42% $0.00 180K Mar 17, 2025 Direct F3
transaction CDNS Common Stock Tax liability -$809K -3.17K -1.76% $255.11 177K Mar 17, 2025 Direct F4
transaction CDNS Common Stock Award $0 +43.3K +24.48% $0.00 220K Mar 17, 2025 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld to satisfy tax obligations arising out of vesting of Performance-Based Incentive Stock Awards.
F2 Amount of securities beneficially owned includes 112 shares acquired by the Reporting Person through the Employee Stock Purchase Plan on January 31, 2025.
F3 Represents Performance-Based Restricted Stock Units that have met the performance criteria.
F4 Shares withheld to satisfy tax obligations arising out of vesting of Performance-Based Restricted Stock Units that have met the performance criteria.
F5 Grant of Restricted Stock Units.