CHIN-CHI TENG - 17 Jun 2025 Form 4 Insider Report for CADENCE DESIGN SYSTEMS INC (CDNS)

Signature
/s/ Ahalya Hildreth, Attorney-in-Fact for Chin-Chi Teng
Issuer symbol
CDNS
Transactions as of
17 Jun 2025
Transactions value $
-$1,907,439
Form type
4
Filing time
20 Jun 2025, 17:09:50 UTC
Previous filing
19 Mar 2025
Next filing
21 Jul 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
TENG CHIN-CHI Sr. Vice President 2655 SEELY AVENUE, BLDG. 5, SAN JOSE /s/ Ahalya Hildreth, Attorney-in-Fact for Chin-Chi Teng 20 Jun 2025 0001751946

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CDNS Common Stock Sale -$267K -890 -0.64% $299.84 139K 17 Jun 2025 Direct F1, F2
transaction CDNS Common Stock Sale -$461K -1.53K -1.11% $300.69 137K 17 Jun 2025 Direct F1, F3
transaction CDNS Common Stock Sale -$325K -1.08K -0.78% $302.16 136K 17 Jun 2025 Direct F1, F4
transaction CDNS Common Stock Options Exercise $768K +5.39K +3.96% $142.50 142K 17 Jun 2025 Direct F1
transaction CDNS Common Stock Sale -$413K -1.38K -0.97% $299.87 140K 17 Jun 2025 Direct F1, F5
transaction CDNS Common Stock Sale -$745K -2.48K -1.77% $300.74 138K 17 Jun 2025 Direct F1, F6
transaction CDNS Common Stock Sale -$464K -1.54K -1.12% $302.15 136K 17 Jun 2025 Direct F1, F7

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 -5.39K -48.14% $0.00 5.81K 17 Jun 2025 Common Stock 5.39K $142.50 Direct F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 Trading Plan adopted on 3/7/2025 by the Reporting Person.
F2 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $299.555 to $300.33, 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.
F3 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $300.57 to $300.97, 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.
F4 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $301.835 to $302.43, 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.
F5 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $299.37 to $300.35, 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.
F6 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $300.45 to $301.43, 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.
F7 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $301.835 to $302.49, 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.
F8 These options vested at a rate of 1/48th per month starting on April 15, 2022.