SEC Form 4 · accession 0001209191-16-121239
CADENCE DESIGN SYSTEMS INC · CDNS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Chi-Ping Hsu
Officer — Sr. Vice President
Period of report
May 16, 2016
Accepted (ET)
May 18, 2016 · 4:06 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 | May 16, 2016 | M | 40,000 | $9.66 | A | 289,464 | D | |
| Common StockF1 | May 16, 2016 | S | 40,000 | $24.0035 | D | 249,464 | 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) | $9.66 | May 16, 2016 | M | 40,000 | D | Mar 8, 2011 | Feb 8, 2018 | Common Stock | 40,000 | 0 | 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.