SEC Form 4 · accession 0001209191-18-056462
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
Oct 25, 2018
Accepted (ET)
Oct 29, 2018 · 6:28 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 StockF2 | Oct 25, 2018 | M | 30,000 | $13.81 | A | 106,949 | D | |
| Common StockF2 | Oct 25, 2018 | S | 30,000 | $45.83 | D | 76,949 | D | |
| Common StockF2 | Oct 25, 2018 | M | 30,000 | $17.16 | A | 106,949 | D | |
| Common StockF2 | Oct 25, 2018 | S | 30,000 | $46.15 | D | 76,949 | D | |
| Common StockF1 | holding | — | — | — | 31,679 | 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) | $13.81 | Oct 25, 2018 | M | 30,000 | D | Mar 4, 2014 | Feb 4, 2021 | Common Stock | 30,000 | 0 | D |
| Non-Qualified Stock Option (right to buy) | $17.16 | Oct 25, 2018 | M | 30,000 | D | Mar 9, 2015 | Feb 9, 2022 | Common Stock | 30,000 | 35,000 | D |
Explanation of responses
- F1Shares held by the Cowie Family Trust UAD 12/14/2012, of which Reporting Person and Reporting Person's spouse are trustees.
- F2The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 Trading Plan adopted by the Reporting Person.