Accession Number: | 0001209191-20-030511 |
Date: | 2020-05-15 |
Issuer: | CADENCE DESIGN SYSTEMS INC (CDNS) |
Original Submission Date: |
TAN LIP BU
2655 SEELY AVENUE, BLDG. 5
SAN JOSE, CA 95134
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
---|---|---|---|---|---|---|---|---|---|
COMMON STOCK | 2020-05-15 | M | 50,000 | a | $13.81 | 802,128 | direct | ||
COMMON STOCK | 2020-05-15 | S | 4,100 | d | $79.84 | 798,028 | direct | ||
COMMON STOCK | 2020-05-15 | S | 17,254 | d | $80.64 | 780,774 | direct | ||
COMMON STOCK | 2020-05-15 | S | 26,446 | d | $81.79 | 754,328 | direct | ||
COMMON STOCK | 2020-05-15 | S | 2,200 | d | $82.20 | 752,128 | direct | ||
COMMON STOCK | 2020-05-15 | 0 | $0.00 | 1,273,147 | indirect | f2 | |||
COMMON STOCK | 2020-05-15 | 0 | $0.00 | 15,000 | indirect | f3 | |||
COMMON STOCK | 2020-05-15 | 0 | $0.00 | 7,000 | indirect | f4 | |||
COMMON STOCK | 2020-05-15 | 0 | $0.00 | 31,400 | indirect | f5 |
Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
---|---|---|---|---|---|---|---|---|---|---|---|---|
NON-QUALIFIED STOCK OPTION (RIGHT TO BUY) | 13.81 | 2020-05-15 | deemed execution date | M | 50,000 (d) | 2014-03-04 | 2021-02-04 | common stock 50,000 | $13.81 | 350,000 | direct |
ID | footnote |
---|---|
f1 | the transaction reported in this form 4 was effected pursuant to a rule 10b5-1 trading plan adopted by the reporting person. |
f2 | shares held by the lip-bu tan and ysa loo trust dated 2/3/1992. |
f3 | 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. |
f4 | shares held by l tan & n lee ttee, pacven walden inc. 401(k) psps, fbo lip-bu tan. |
f5 | shares held by ira fbo lip-bu tan db securities inc. custodian rollover account dtd 5/19/1997. |