ANEEL ZAMAN - 27 Feb 2023 Form 4 Insider Report for CADENCE DESIGN SYSTEMS INC (CDNS)

Signature
Ahalya Hildreth, Attorney-in-Fact for Aneel Zaman
Issuer symbol
CDNS
Transactions as of
27 Feb 2023
Net transactions value
-$813,843
Form type
4
Filing time
01 Mar 2023, 18:13:47 UTC
Previous filing
16 Feb 2023
Next filing
17 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CDNS Common Stock Sale $351,825 -1,801 -2% $195.35 88,444 27 Feb 2023 Direct F1
transaction CDNS Common Stock Tax liability $161,885 -838 -0.95% $193.18 87,606 27 Feb 2023 Direct F2
transaction CDNS Common Stock Sale $300,133 -1,553 -1.8% $193.26 86,053 28 Feb 2023 Direct F1
* 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 withheld to satisfy tax obligations arising out of vesting of Performance Stock Awards.