ANEEL ZAMAN - 17 Mar 2023 Form 4 Insider Report for CADENCE DESIGN SYSTEMS INC (CDNS)

Role
Sr. Vice President
Signature
Ahalya Hildreth, Attorney-in-Fact for Aneel Zaman
Issuer symbol
CDNS
Transactions as of
17 Mar 2023
Net transactions value
-$2,662,977
Form type
4
Filing time
21 Mar 2023, 17:18:29 UTC
Previous filing
17 Mar 2023
Next filing
07 Aug 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CDNS Common Stock Sale $1,887,991 -9,132 -11% $206.74 72,468 17 Mar 2023 Direct F1, F2
transaction CDNS Common Stock Sale $338,283 -1,629 -2.2% $207.66 70,839 17 Mar 2023 Direct F1, F3
transaction CDNS Common Stock Sale $436,703 -2,097 -3% $208.25 68,742 17 Mar 2023 Direct F1, F4
* 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 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $205.92 to $206.78, 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 $206.95 to $207.94, 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 $207.95 to $208.67 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.