SEC Form 4 · accession 0001209191-17-014064
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 21, 2017
Accepted (ET)
Feb 23, 2017 · 7:53 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 21, 2017 | M | 40,000 | $17.16 | A | 239,986 | D | |
| Common StockF1 | Feb 21, 2017 | S | 40,000 | $30.6214 | D | 199,986 | D | |
| Common StockF2 | Feb 22, 2017 | A | 15,500 | $0.00 | A | 215,486 | 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) | $17.16 | Feb 21, 2017 | M | 40,000 | D | Mar 9, 2015 | Feb 9, 2022 | Common Stock | 40,000 | 50,000 | 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.
- F2Grant of performance-based incentive stock.