SEC Form 4 · accession 0001209191-17-028832
CADENCE DESIGN SYSTEMS INC · CDNS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James J Cowie
Officer — Sr. VP, General Counsel
Period of report
Apr 28, 2017
Accepted (ET)
May 1, 2017 · 8:32 am 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 | Apr 28, 2017 | M | 47,500 | $11.62 | A | 140,832 | D | |
| Common StockF2 | Apr 28, 2017 | S | 47,500 | $32.1338 | D | 93,332 | D | |
| Common StockF1 | holding | — | — | — | 25,416 | I | By Trust |
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) | $11.62 | Apr 28, 2017 | M | 47,500 | D | Mar 6, 2012 | Feb 6, 2019 | Common Stock | 47,500 | 0 | D |
Explanation of responses
- F1Shares are held by the Cowie Family Trust UAD 12/14/2012, of which Reporting Person and Reporting Person's spouse are trustees.
- F2The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 Trading Plan adopted by the Reporting Person.