SEC Form 4 · accession 0001209191-15-035200
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
Apr 17, 2015
Accepted (ET)
Apr 20, 2015 · 5:20 pm EDT
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 Stock | Apr 17, 2015 | M | 10,000 | $4.20 | A | 223,586 | D | |
| Common StockF2 | Apr 17, 2015 | S | 10,000 | $18.3834 | D | 213,586 | D | |
| Common Stock | holding | — | — | — | 11,663 | I | Held by Reporting Person's spouse | |
| Common Stock | holding | — | — | — | 29,520 | I | As Custodian for Child | |
| Common StockF1 | holding | — | — | — | 226,388 | 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) | $4.20 | Apr 17, 2015 | M | 10,000 | D | Mar 5, 2009 | Feb 5, 2016 | Common Stock | 10,000 | 180,000 | 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.
- F2The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 Trading Plan adopted by the Reporting Person.