SEC Form 4 · accession 0001209191-17-064265
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
Dec 5, 2017
Accepted (ET)
Dec 6, 2017 · 7:25 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,F2 | Dec 5, 2017 | G | 3,513 | $0.00 | D | 21,903 | I | By Trust |
| Common Stock | Dec 5, 2017 | M | 35,000 | $13.81 | A | 117,082 | D | |
| Common Stock | Dec 5, 2017 | S | 35,000 | $42.7531 | D | 82,082 | 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 | Dec 5, 2017 | M | 35,000 | D | Mar 4, 2014 | Feb 4, 2021 | Common Stock | 35,000 | 30,000 | D |
Explanation of responses
- F1Shares transferred as a charitable gift from the Cowie Family Trust UAD 12/14/2012, of which Reporting Person and Reporting Person's spouse are trustees.
- F2Shares held by the Cowie Family Trust UAD 12/14/2012, of which Reporting Person and Reporting Person's spouse are trustees.