SEC Form 4 · accession 0001209191-19-013834
CADENCE DESIGN SYSTEMS INC · CDNS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Surendra Babu Mandava
Officer — Sr. Vice President
Period of report
Feb 22, 2019
Accepted (ET)
Feb 26, 2019 · 7:42 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 22, 2019 | A | 18,667 | $0.00 | A | 235,824 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common StockF3 | $56.57 | Feb 22, 2019 | A | 37,260 | A | Mar 22, 2019 | Feb 22, 2026 | Common Stock | 37,260 | 37,260 | D |
Explanation of responses
- F1Grant of performance-based incentive stock.
- F2Amount of securities beneficially owned includes 267 shares acquired by the Reporting Person through the Employee Stock Purchase Plan on January 31, 2019.
- F3Option vests at a rate of 1/48th per month.