SEC Form 4 · accession 0001209191-17-010824
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 14, 2017
Accepted (ET)
Feb 14, 2017 · 7:00 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 Stock | Feb 14, 2017 | M | 50,000 | $13.81 | A | 249,986 | D | |
| Common StockF1 | Feb 14, 2017 | S | 50,000 | $29.7988 | D | 199,986 | 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) | $13.81 | Feb 14, 2017 | M | 50,000 | D | Mar 4, 2014 | Feb 4, 2021 | Common Stock | 50,000 | 30,000 | 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.