Form Type: 4

SEC EDGAR Link
Accession Number:0001209191-20-050871
Date:2020-09-15
Issuer: CADENCE DESIGN SYSTEMS INC (CDNS)
Original Submission Date:

Reporting Person:

TAN LIP BU
2655 SEELY AVENUE, BLDG. 5
SAN JOSE, CA 95134

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON STOCK 2020-08-24 G 8,839 d $0.00 731,709 direct
COMMON STOCK 2020-08-24 G 8,839 a $0.00 1,293,598 indirect f2
COMMON STOCK 2020-09-15 M 50,000 a $13.81 781,709 direct
COMMON STOCK 2020-09-15 S 49,103 d $105.17 732,606 direct
COMMON STOCK 2020-09-15 S 897 d $105.72 731,709 direct
COMMON STOCK 0 $0.00 15,000 indirect f4
COMMON STOCK 0 $0.00 7,000 indirect f5
COMMON STOCK 0 $0.00 31,400 indirect f6
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
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 ExercisableExpiration 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 2020-09-15 deemed execution date M 50,000 (d) 2014-03-04 2021-02-04 common stock 50,000 $13.81 150,000 direct
Footnotes
IDfootnote
f1 shares transferred to the lip-bu tan and ysa loo trust dated 2/3/1992.
f2 shares held by the lip-bu tan and ysa loo trust dated 2/3/1992.
f3 the transaction reported in this form 4 was effected pursuant to a rule 10b5-1 trading plan adopted by the reporting person.
f4 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.
f5 shares held by l tan & n lee ttee, pacven walden inc. 401(k) psps, fbo lip-bu tan.
f6 shares held by ira fbo lip-bu tan db securities inc. custodian rollover account dtd 5/19/1997.

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