X0306 4 2022-05-20 0 0000813672 CADENCE DESIGN SYSTEMS INC CDNS 0001008463 TAN LIP BU 2655 SEELY AVENUE, BLDG. 5 SAN JOSE CA 95134 1 0 0 1 Executive Chair Common Stock 2022-05-20 4 S 0 5260 141.5657 D 646916 D Common Stock 2022-05-20 4 S 0 14265 142.6138 D 632651 D Common Stock 2022-05-20 4 S 0 5596 143.5153 D 627055 D Common Stock 2022-05-20 4 S 0 3882 144.5043 D 623173 D Common Stock 2022-05-20 4 S 0 4002 145.571 D 619171 D Common Stock 2022-05-20 4 S 0 6895 146.5419 D 612276 D Common Stock 2022-05-20 4 S 0 100 147.23 D 612176 D Common Stock 15000 I Held by Trust 1 Common Stock 1237268 I Held by Trust 2 Common Stock 7000 I Held by Trust 3 Common Stock 31400 I Held by IRA 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 $141.08 to $142.07, 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 $142.08 to $143.07, 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 $143.08 to $144.06, 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 $144.08 to $144.96, 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 $145.09 to $146.07, 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 $146.12 to $146.95, 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. Stephanie Wells, Attorney-in-Fact for Lip-Bu Tan 2022-05-24