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CDNS Cadence Design Systems Inc

274.07
-1.56 (-0.57%)
02 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Cadence Design Systems Inc NASDAQ:CDNS NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.56 -0.57% 274.07 276.00 277.70 280.82 273.41 275.36 2,082,476 00:00:00

Statement of Changes in Beneficial Ownership (4)

19/02/2020 9:27pm

Edgar (US Regulatory)


FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5                       
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

BECKLEY THOMAS P
2. Issuer Name and Ticker or Trading Symbol

CADENCE DESIGN SYSTEMS INC [ CDNS ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
Sr. Vice President
(Last)          (First)          (Middle)

2655 SEELY AVENUE, BLDG. 5
3. Date of Earliest Transaction (MM/DD/YYYY)

2/14/2020
(Street)

SAN JOSE, CA 95134
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 2/14/2020  A  16760 (1)A$0.00 299837 D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Non-Qualified Stock Option (right to buy) $78.76 2/14/2020  A   35910 (2)   3/14/2020 2/14/2027 Common Stock 35910 $0.00 35910 D  

Explanation of Responses:
(1) Grant of performance-based incentive stock.
(2) Option vests at a rate of 1/48th per month.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
BECKLEY THOMAS P
2655 SEELY AVENUE, BLDG. 5
SAN JOSE, CA 95134


Sr. Vice President

Signatures
Yoonie Y. Chang, Attorney-in-Fact for Thomas P. Beckley2/19/2020
**Signature of Reporting PersonDate

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