SEC Form 4 · accession 0001209191-15-012258
CADENCE DESIGN SYSTEMS INC · CDNS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Anirudh Devgan
Officer — Sr. Vice President of R&D
Period of report
Feb 9, 2015
Accepted (ET)
Feb 11, 2015 · 7:24 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 | Feb 9, 2015 | A | 40,000 | $0.00 | A | 137,474 | D |
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)F2 | $17.16 | Feb 9, 2015 | A | 100,000 | A | Mar 9, 2015 | Feb 9, 2022 | Common Stock | 100,000 | 100,000 | D |
Explanation of responses
- F1Grant of performance-based incentive stock.
- F2Option vests at a rate of 1/48th per month.