SEC Form 4 · accession 0001209191-19-013836
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
Feb 22, 2019
Accepted (ET)
Feb 26, 2019 · 7:43 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, 2019 | Z | 267 | $0.00 | D | 412,066 | D | |
| Common StockF1,F3 | Feb 6, 2019 | Z | 267 | $0.00 | A | 1,189,449 | I | Held by Trust 2 |
| Common StockF1 | Feb 14, 2019 | Z | 11,580 | $0.00 | D | 400,486 | D | |
| Common StockF1,F3 | Feb 14, 2019 | Z | 11,580 | $0.00 | A | 1,201,029 | I | Held by Trust 2 |
| Common StockF1 | Feb 15, 2019 | Z | 16,666 | $0.00 | D | 383,820 | D | |
| Common StockF1,F3 | Feb 15, 2019 | Z | 16,666 | $0.00 | A | 1,217,695 | I | Held by Trust 2 |
| Common Stock | Feb 22, 2019 | A | 53,032 | $0.00 | A | 436,852 | D | |
| Common StockF4 | holding | — | — | — | 15,000 | I | Held by Trust 1 | |
| Common StockF5 | holding | — | — | — | 7,000 | I | Held by Trust 3 | |
| Common StockF6 | holding | — | — | — | 31,400 | I | Held by IRA |
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) | $56.57 | Feb 22, 2019 | A | 205,479 | A | Mar 22, 2019 | Feb 22, 2026 | Common Stock | 205,479 | 205,479 | D |
Explanation of responses
- F1Shares transferred to the Lip-Bu Tan and Ysa Loo Trust dated 2/3/1992.
- F2Amount of securities beneficially owned includes 267 shares acquired by the Reporting Person through the Employee Stock Purchase Plan on January 31, 2019.
- F3Shares held by the Lip-Bu Tan and Ysa Loo Trust dated 2/3/1992.
- F4Shares held by A&E Investment LLC, the sole member of which is the Lip-Bu Tan and Ysa Loo Trust dated 2/3/1992.
- F5Shares held by L Tan & N Lee TTEE, Pacven Walden Inc. 401(K) PSPS, FBO Lip-Bu Tan.
- F6Shares held by IRA FBO Lip-Bu Tan DB Securities Inc. Custodian Rollover Account DTD 5/19/1997.