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Filing Details

Accession Number:
0001209191-20-030511
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-05-19 16:40:47
Reporting Period:
2020-05-15
Accepted Time:
2020-05-19 16:40:47
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
Ceo Yes Yes 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 2020-05-15 50,000 $13.81 802,128 No 4 M Direct
Common Stock Disposition 2020-05-15 4,100 $79.84 798,028 No 4 S Direct
Common Stock Disposition 2020-05-15 17,254 $80.64 780,774 No 4 S Direct
Common Stock Disposition 2020-05-15 26,446 $81.79 754,328 No 4 S Direct
Common Stock Disposition 2020-05-15 2,200 $82.20 752,128 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S 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) Disposition 2020-05-15 50,000 $0.00 50,000 $13.81
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
350,000 2014-03-04 2021-02-04 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 1,273,147 Indirect Held by Trust 2
Common Stock 15,000 Indirect Held by Trust 1
Common Stock 7,000 Indirect Held by Trust 3
Common Stock 31,400 Indirect Held by IRA
Footnotes
  1. The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 Trading Plan adopted by the Reporting Person.
  2. Shares held by the Lip-Bu Tan and Ysa Loo Trust dated 2/3/1992.
  3. 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.
  4. Shares held by L Tan & N Lee TTEE, Pacven Walden Inc. 401(K) PSPS, FBO Lip-Bu Tan.
  5. Shares held by IRA FBO Lip-Bu Tan DB Securities Inc. Custodian Rollover Account DTD 5/19/1997.