SEC Form 4 · accession 0001209191-15-012279
CADENCE DESIGN SYSTEMS INC · CDNS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Chi-Ping Hsu
Officer — Sr. Vice President
Period of report
Feb 9, 2015
Accepted (ET)
Feb 11, 2015 · 7:35 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 | 25,000 | $0.00 | A | 193,530 | 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 | 65,000 | A | Mar 9, 2015 | Feb 9, 2022 | Common Stock | 65,000 | 65,000 | D |
Explanation of responses
- F1Grant of performance-based incentive stock.
- F2Option vests at a rate of 1/48th per month.