Filing Details
- Accession Number:
- 0001209191-23-019814
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-03-17 17:49:15
- Reporting Period:
- 2023-03-16
- Accepted Time:
- 2023-03-17 17:49:15
- 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 | Yes | No | No | Yes |
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 | 2023-03-16 | 42,500 | $30.79 | 645,089 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2023-03-16 | 3,000 | $200.90 | 642,089 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2023-03-16 | 3,207 | $202.09 | 638,882 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2023-03-16 | 4,139 | $202.93 | 634,743 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2023-03-16 | 2,787 | $204.27 | 631,956 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2023-03-16 | 1,026 | $205.24 | 630,930 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2023-03-16 | 2,201 | $206.07 | 628,729 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2023-03-16 | 10,312 | $207.35 | 618,417 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2023-03-16 | 13,952 | $208.18 | 604,465 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2023-03-16 | 1,876 | $208.87 | 602,589 | 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 | |
| No | 4 | S | 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 | 2023-03-16 | 42,500 | $0.00 | 42,500 | $30.79 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 297,500 | 2024-02-21 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 15,000 | Indirect | Held by Trust 1 |
| Common Stock | 868,040 | Indirect | Held by Trust 2 |
| Common Stock | 7,000 | Indirect | Held by Trust 3 |
| Common Stock | 31,400 | Indirect | Held by IRA |
Footnotes
- The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 Trading Plan adopted by the Reporting Person.
- The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $200.51 to $201.46, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $201.57 to $202.53, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $202.62 to $203.35, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $203.67 to $204.65, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $204.71 to $205.66, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $205.72 to $206.68, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $206.73 to $207.72, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $207.73 to $208.72, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $208.73 to $209.13, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- 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.
- Shares held by the Lip-Bu Tan and Ysa Loo Trust dated 2/3/1992.
- Shares held by L Tan & N Lee TTEE, Pacven Walden Inc. 401(K) PSPS, FBO Lip-Bu Tan.
- Shares held by IRA FBO Lip-Bu Tan DB Securities Inc. Custodian Rollover Account DTD 5/19/1997.
- These options vested at a rate of 1/48th per month starting on March 21, 2017.
Billionaire Hedge Funds
