Filing Details

Accession Number:
0001246360-11-000856
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-02-09 21:30:18
Reporting Period:
2011-02-08
Filing Date:
2011-02-09
Accepted Time:
2011-02-09 21:30:18
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
813672 Cadence Design Systems Inc CDNS Services-Prepackaged Software (7372) 770148231
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1008463 Bu Lip Tan 2655 Seely Avenue, Bldg 5
San Jose CA 95134
President And Ceo No No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2011-02-08 12,600 $9.72 142,386 No 4 P Indirect By Trust
Common Stock Acquisiton 2011-02-08 6,000 $9.79 148,386 No 4 P Indirect By Trust
Common Stock Acquisiton 2011-02-08 6,400 $9.84 31,400 No 4 P Indirect Held By IRA
Common Stock Acquisiton 2011-02-08 100,000 $0.00 558,332 No 4 A Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect By Trust
No 4 P Indirect By Trust
No 4 P Indirect Held By IRA
No 4 A Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Non-Qualified Stock Option (right to buy) Acquisiton 2011-02-08 800,000 $0.00 800,000 $9.66
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
800,000 2018-02-08 No 4 A Direct
Footnotes
  1. Amount of Shares Beneficially Owned Following Reported Transaction includes: (i) 1,000 shares held by L Tan & N Lee & W Lee Trustees Pacven Walden Inc. 401(k) PSB FBO Lip-Bu Tan; (ii) 136,286 shares held by Lip-Bu Tan and Ysa Loo Tan dated 2/3/1992 (including 991 share acquired through the Cadence Design Systems, Inc. Employee Stock Purchase Plan on January 31, 2011), and (iii) 5,000 shares held by A&E Investment LLC, the sole member of which is the Lip-Bu Tan and Ysa Loo Trust dated 2/3/1992
  2. Amount of Shares Beneficially Owned Following Reported Transaction includes: (i) 7,000 shares held by L Tan & N Lee & W Lee Trustees, Pacven Walden Inc. 401(k) PSB FBO Lip-Bu Tan; (ii) 136,386 shares held by Lip-Bu Tan and Ysa Loo Trust dated 2/3/1992; and (iii) 5,000 shares held by A&E Investment LLC, the sole member of which is the Lip-Bu Tan and Ysa Loo Trust dated 2/3/1992.
  3. Shares held by IRA FBO Lip-Bu Tan DB Securities Inc. Custodian Rollover Account DTD 5/19/97.
  4. Grant of performance based incentive stock.
  5. Option vests at a rate of 1/48th per month.