SEC Form 4 · accession 0001209191-16-132711
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
Jul 12, 2016
Accepted (ET)
Jul 14, 2016 · 4:20 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 | Jul 12, 2016 | M | 3,750 | $19.60 | A | 253,214 | D | |
| Common StockF1 | Jul 12, 2016 | S | 3,750 | $25.60 | 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) | $19.60 | Jul 12, 2016 | M | 3,750 | D | Mar 8, 2016 | Feb 8, 2023 | Common Stock | 3,750 | 56,250 | 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.