0000813672-24-000037.txt : 20240220 0000813672-24-000037.hdr.sgml : 20240220 20240220204423 ACCESSION NUMBER: 0000813672-24-000037 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240215 FILED AS OF DATE: 20240220 DATE AS OF CHANGE: 20240220 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BECKLEY THOMAS P CENTRAL INDEX KEY: 0001583180 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-15867 FILM NUMBER: 24656110 MAIL ADDRESS: STREET 1: 2655 SEELY AVENUE CITY: SAN JOSE STATE: CA ZIP: 95134 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: CADENCE DESIGN SYSTEMS INC CENTRAL INDEX KEY: 0000813672 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] ORGANIZATION NAME: 06 Technology IRS NUMBER: 770148231 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 2655 SEELY AVENUE BLDG 5 CITY: SAN JOSE STATE: CA ZIP: 95134 BUSINESS PHONE: 4089431234 MAIL ADDRESS: STREET 1: 2655 SEELY AVENUE CITY: SAN JOSE STATE: CA ZIP: 95134 FORMER COMPANY: FORMER CONFORMED NAME: ECAD INC /DE/ DATE OF NAME CHANGE: 19880609 4 1 wk-form4_1708479851.xml FORM 4 X0508 4 2024-02-15 0 0000813672 CADENCE DESIGN SYSTEMS INC CDNS 0001583180 BECKLEY THOMAS P 2655 SEELY AVENUE, BLDG. 5 SAN JOSE CA 95134 0 1 0 0 Sr. Vice President 1 Common Stock 2024-02-15 4 S 0 9588 295.7363 D 174576 D Common Stock 2024-02-15 4 S 0 8121 296.6968 D 166455 D Common Stock 2024-02-15 4 S 0 7067 297.6576 D 159388 D Common Stock 2024-02-15 4 S 0 1343 298.6026 D 158045 D Common Stock 2024-02-15 4 S 0 700 299.55 D 157345 D Common Stock 2024-02-15 4 S 0 400 300.4125 D 156945 D Common Stock 2024-02-15 4 S 0 589 302.2342 D 156356 D Common Stock 2024-02-15 4 S 0 200 302.835 D 156156 D Common Stock 2024-02-15 4 M 0 37260 56.57 A 193416 D Common Stock 2024-02-15 4 S 0 12766 295.7287 D 180650 D Common Stock 2024-02-15 4 S 0 10002 296.6496 D 170648 D Common Stock 2024-02-15 4 S 0 10317 297.6426 D 160331 D Common Stock 2024-02-15 4 S 0 1997 298.5822 D 158334 D Common Stock 2024-02-15 4 S 0 856 299.6773 D 157478 D Common Stock 2024-02-15 4 S 0 300 300.37 D 157178 D Common Stock 2024-02-15 4 S 0 783 302.3506 D 156395 D Common Stock 2024-02-15 4 S 0 239 303.0057 D 156156 D Non-Qualified Stock Option (right to buy) 56.57 2024-02-15 4 M 0 37260 0 D 2026-02-22 Common Stock 37260 0 D The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 Trading Plan adopted on October 25, 2023 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 $295.21 to $296.19, 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. Amount of securities beneficially owned includes 125 shares acquired by the Reporting Person through the Employee Stock Purchase Plan on January 31, 2024. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $296.22 to $297.21, 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 $297.215 to $298.19, 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 $298.22 to $299.06, 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 $299.24 to $300.21, 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 $300.27 to $300.54, 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 $301.57 to $302.37, 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 $302.77 to $302.90, 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 $295.19 to $296.16, 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 $296.19 to $297.16, 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 $297.19 to $298.17, 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 $298.20 to $299.14, 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 $299.27 to $300.23, 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 $300.27 to $300.42, 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 $301.515 to $302.5, 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 $302.77 to $303.33, 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. These options vested at a rate of 1/48th per month starting on March 22, 2019. Stephanie Wells, Attorney-in-Fact for Thomas Beckley 2024-02-20