SEC Form 4 · accession 0001209191-15-008010
CADENCE DESIGN SYSTEMS INC · CDNS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charlie X. Huang
Officer — Executive Vice President
Period of report
Nov 25, 2014
Accepted (ET)
Jan 30, 2015 · 6:00 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000813672
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Nov 25, 2014 | G | 3,000 | $0.00 | A | 29,520 | I | As Custodian for Child |
| Common StockF2,F3 | Nov 25, 2014 | G | 3,000 | $0.00 | D | 226,388 | I | Held in Trust |
| Common Stock | Jan 28, 2015 | M | 60,000 | $10.61 | A | 230,506 | D | |
| Common StockF4 | Jan 28, 2015 | Z | 60,000 | $0.00 | D | 170,506 | D | |
| Common StockF3 | Jan 28, 2015 | Z | 60,000 | $0.00 | A | 286,388 | I | Held in Trust |
| Common Stock | holding | — | — | — | 11,855 | I | Held by Reporting Person's spouse |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy) | $10.61 | Jan 28, 2015 | M | 60,000 | D | Mar 1, 2008 | Feb 1, 2015 | Common Stock | 60,000 | 0 | D |
Explanation of responses
- F1The transfer of securities to this account was a bona fide gift from the Huang-Zhang Trust U/A DTD 6/12/96, of which Reporting Person and Reporting Person's spouse are trustees.
- F2The transfer of securities from the trust was a bona fide gift for the child of Reporting Person and Reporting Person's spouse.
- F3These securities are held by Huang-Zhang Trust U/A DTD 6/12/96, of which Reporting Person and Reporting Person's spouse are trustees.
- F4Securities transferred to the Huang-Zhang Trust U/A DTD 6/12/96, of which Reporting Person and Reporting Person's spouse are trustees.