SEC Form 4 · accession 0001209191-18-008610
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
Feb 6, 2018
Accepted (ET)
Feb 8, 2018 · 8:39 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 StockF2 | Feb 6, 2018 | A | 15,841 | $0.00 | A | 97,923 | D | |
| Common StockF1 | holding | — | — | — | 21,903 | 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)F3 | $39.58 | Feb 6, 2018 | A | 31,631 | A | Mar 6, 2018 | Feb 6, 2025 | Common Stock | 31,631 | 31,631 | 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.
- F2Grant of performance-based incentive stock.
- F3Option vests at a rate of 1/48th per month.