SEC Form 4 · accession 0001209191-17-008440
CADENCE DESIGN SYSTEMS INC · CDNS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Geoffrey G Ribar
Officer — Sr. VP, CFO
Period of report
Feb 6, 2017
Accepted (ET)
Feb 7, 2017 · 6:28 pm EST
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 | Feb 6, 2017 | F | 2,380 | $29.38 | D | 206,072 | D | |
| Common Stock | Feb 7, 2017 | M | 70,000 | $14.22 | A | 276,072 | D | |
| Common StockF2 | Feb 7, 2017 | S | 70,000 | $29.4642 | D | 206,072 | 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) | $14.22 | Feb 7, 2017 | M | 70,000 | D | Mar 11, 2013 | Feb 11, 2020 | Common Stock | 70,000 | 3,437 | D |
Explanation of responses
- F1Shares withheld to satisfy tax obligations arising out of vesting of restricted stock.
- F2The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 Trading Plan adopted by the Reporting Person.