SEC Form 4 · accession 0001209191-18-051711
CADENCE DESIGN SYSTEMS INC · CDNS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lip Bu Tan
Officer — CEO · Director
Period of report
Sep 17, 2018
Accepted (ET)
Sep 19, 2018 · 7:26 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 StockF4 | Aug 20, 2018 | Z | 28,247 | $0.00 | D | 424,566 | D | |
| Common StockF5 | Aug 20, 2018 | Z | 28,247 | $0.00 | A | 1,176,682 | I | By Trust 2 |
| Common StockF4 | Aug 29, 2018 | Z | 12,500 | $0.00 | D | 412,066 | D | |
| Common StockF5 | Aug 29, 2018 | Z | 12,500 | $0.00 | A | 1,189,182 | I | By Trust 2 |
| Common StockF6 | Sep 17, 2018 | M | 5,469 | $11.62 | A | 417,535 | D | |
| Common StockF6 | Sep 17, 2018 | S | 5,469 | $46.1046 | D | 412,066 | D | |
| Common StockF1 | holding | — | — | — | 31,400 | I | Held by IRA | |
| Common StockF2 | holding | — | — | — | 15,000 | I | By Trust 1 | |
| Common StockF3 | holding | — | — | — | 7,000 | I | By Trust 3 |
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 | Sep 17, 2018 | M | 5,469 | D | Mar 6, 2012 | Feb 6, 2019 | Common Stock | 5,469 | 194,531 | D |
Explanation of responses
- F1Shares held by IRA FBO Lip-Bu Tan DB Securities Inc. Custodian Rollover Account DTD 5/19/1997.
- F2Shares held by A&E Investment LLC, the sole member of which is the Lip-Bu Tan and Ysa Loo Trust dated 2/3/1992.
- F3Shares held by L Tan & N Lee TTEE, Pacven Walden Inc. 401(K) PSPS, FBO Lip-Bu Tan.
- F4Shares transferred to the Lip-Bu Tan and Ysa Loo Trust dated 2/3/1992.
- F5Shares held by the Lip-Bu Tan and Ysa Loo Trust dated 2/3/1992.
- F6The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 Trading Plan adopted by the Reporting Person.