SEC Form 4 · accession 0001209191-17-035577
CADENCE DESIGN SYSTEMS INC · CDNS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John B Shoven
Director
Period of report
May 23, 2017
Accepted (ET)
May 25, 2017 · 6:47 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 | May 23, 2017 | M | 50,000 | $10.94 | A | 196,189 | D | |
| Common StockF2 | May 23, 2017 | S | 50,000 | $34.00 | D | 146,189 | D | |
| Common StockF1 | holding | — | — | — | 40,000 | 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) | $10.94 | May 23, 2017 | M | 50,000 | D | Mar 31, 2009 | Apr 1, 2018 | Common Stock | 50,000 | 0 | D |
Explanation of responses
- F1Shares held by the Shoven Family Trust dated 03/01/2012.
- F2The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 Trading Plan adopted by the Reporting Person.