SEC Form 4 · accession 0001209191-16-123002
CADENCE DESIGN SYSTEMS INC · CDNS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Aneel Zaman
Officer — Sr. Vice President
Period of report
May 20, 2016
Accepted (ET)
May 24, 2016 · 5:39 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 StockF1 | May 20, 2016 | S | 16,932 | $24.127 | D | 259,163 | D | |
| Common Stock | May 23, 2016 | M | 5,000 | $21.14 | A | 264,163 | D | |
| Common Stock | May 23, 2016 | S | 5,000 | $24.62 | D | 259,163 | D | |
| Common Stock | May 23, 2016 | M | 6,875 | $19.60 | A | 266,038 | D | |
| Common Stock | May 23, 2016 | S | 6,875 | $24.62 | D | 259,163 | 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) | $21.14 | May 23, 2016 | M | 5,000 | D | Oct 15, 2015 | Sep 15, 2022 | Common Stock | 5,000 | 25,000 | D |
| Non-Qualified Stock Option (Right to buy) | $19.60 | May 23, 2016 | M | 6,875 | D | Mar 8, 2016 | Feb 8, 2023 | Common Stock | 6,875 | 103,125 | 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.