SEC Form 4 · accession 0001209191-15-012284
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
Feb 9, 2015
Accepted (ET)
Feb 11, 2015 · 7:39 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 StockF2 | Feb 9, 2015 | A | 50,000 | $0.00 | A | 215,934 | D | |
| Common Stock | holding | — | — | — | 11,855 | I | Held by Reporting Person's spouse | |
| Common Stock | holding | — | — | — | 29,520 | I | As Custodian for Child | |
| Common StockF1 | holding | — | — | — | 286,388 | I | Held in Trust |
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)F3 | $17.16 | Feb 9, 2015 | A | 125,000 | A | Mar 9, 2015 | Feb 9, 2022 | Common Stock | 125,000 | 125,000 | D |
Explanation of responses
- F1These securities are held by Huang-Zhang Trust U/A DTD 6/12/96, of which Reporting Person and Reporting Person's spouse are trustees.
- F2Grant of performance-based incentive stock.
- F3Option vests at a rate of 1/48th per month.