SEC Form 4 · accession 0001209191-16-108559
CADENCE DESIGN SYSTEMS INC · CDNS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James J Cowie
Officer — Sr. VP, General Counsel
Period of report
Mar 14, 2016
Accepted (ET)
Mar 15, 2016 · 4:45 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 | Mar 14, 2016 | M | 32,500 | $9.66 | A | 131,666 | D | |
| Common StockF1 | Mar 14, 2016 | S | 32,500 | $22.69 | D | 99,166 | D | |
| Common StockF2 | holding | — | — | — | 94,027 | I | By 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) | $9.66 | Mar 14, 2016 | M | 32,500 | D | Mar 8, 2011 | Feb 8, 2018 | Common Stock | 32,500 | 65,000 | 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 are held by the Cowie Family Trust UAD 12/14/2012, of which Reporting Person and Reporting Person's spouse are trustees.