SEC Form 4 · accession 0001209191-15-064186
CADENCE DESIGN SYSTEMS INC · CDNS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Geoffrey G Ribar
Officer — Sr. VP, CFO
Period of report
Aug 3, 2015
Accepted (ET)
Aug 5, 2015 · 6:48 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 | Aug 3, 2015 | M | 33,333 | $8.24 | A | 199,462 | D | |
| Common StockF1 | Aug 3, 2015 | S | 33,333 | $20.9158 | D | 166,129 | D | |
| Common StockF2 | Aug 4, 2015 | F | 3,130 | $20.94 | D | 162,999 | 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) | $8.24 | Aug 3, 2015 | M | 33,333 | D | Nov 15, 2011 | Nov 15, 2017 | Common Stock | 33,333 | 33,334 | D |
Explanation of responses
- F1The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 Trading Plan adopted by the Reporting Person.
- F2Shares withheld to satisfy tax obligations arising out of vesting of restricted stock.