SEC Form 4 · accession 0001209191-16-110051
CADENCE DESIGN SYSTEMS INC · CDNS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas P Beckley
Officer — Sr. Vice President
Period of report
Mar 18, 2016
Accepted (ET)
Mar 22, 2016 · 4:46 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 18, 2016 | M | 30,000 | $11.62 | A | 307,181 | D | |
| Common StockF1 | Mar 18, 2016 | S | 30,000 | $23.2029 | D | 277,181 | D | |
| Common Stock | Mar 18, 2016 | M | 41,666 | $13.81 | A | 318,847 | D | |
| Common StockF1 | Mar 18, 2016 | S | 41,666 | $23.2021 | D | 277,181 | 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) | $11.62 | Mar 18, 2016 | M | 30,000 | D | Mar 6, 2012 | Feb 6, 2019 | Common Stock | 30,000 | 0 | D |
| Non-Qualified Stock Option (Right to buy) | $13.81 | Mar 18, 2016 | M | 41,666 | D | Mar 4, 2014 | Feb 4, 2021 | Common Stock | 41,666 | 38,334 | 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.