SEC Form 4 · accession 0001209191-18-008605
CADENCE DESIGN SYSTEMS INC · CDNS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Anirudh Devgan
Officer — President
Period of report
Feb 6, 2018
Accepted (ET)
Feb 8, 2018 · 8:34 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 | Feb 6, 2018 | A | 50,025 | $0.00 | A | 382,774 | 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)F3 | $39.58 | Feb 6, 2018 | A | 99,886 | A | Mar 6, 2018 | Feb 6, 2025 | Common Stock | 99,886 | 99,886 | D |
Explanation of responses
- F1Grant of performance-based incentive stock.
- F2Amount of securities beneficially owned includes 256 shares acquired by the Reporting Person through the Employee Stock Purchase Plan on January 31, 2018.
- F3Option vests at a rate of 1/48th per month.