ZAMAN ANEEL 4
4 · CADENCE DESIGN SYSTEMS INC · Filed Mar 19, 2024
Insider Transaction Report
Form 4
ZAMAN ANEEL
Sr. Vice President
Transactions
- Sale
Common Stock
2024-03-18$302.75/sh−15,915$4,818,231→ 25,999 total - Award
Non-Qualified Stock Option (right to buy)
2024-03-15+14,920→ 14,920 totalExercise: $298.44Exp: 2031-03-15→ Common Stock (14,920 underlying) - Tax Payment
Common Stock
2024-03-15$298.44/sh−23,197$6,922,913→ 37,953 total - Sale
Common Stock
2024-03-18$300.78/sh−1,521$457,484→ 46,570 total - Award
Common Stock
2024-03-15+10,138→ 48,091 total - Sale
Common Stock
2024-03-18$301.98/sh−4,656$1,406,005→ 41,914 total - Sale
Common Stock
2024-03-18$303.59/sh−1,500$455,388→ 24,499 total
Footnotes (8)
- [F1]Shares withheld to satisfy tax obligations arising out of vesting of Performance Stock Award.
- [F2]Grant of Performance-Based Incentive Stock Award.
- [F3]The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 Trading Plan adopted on 5/2/2023 by the Reporting Person.
- [F4]The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $300.285 to $300.88, 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.
- [F5]The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $301.32 to $302.31, 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.
- [F6]The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $302.32 to $303.25, 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.
- [F7]The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $303.32 to $303.93, 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.
- [F8]Option vests at a rate of 1/48th per month.