Tan Lip Bu's Form 4 filing
Cadence Design Systems Inc (CDNS) · filed Jan 20, 2022
- Accession no.
- 0001209191-22-004178
- Filed
- Jan 20, 2022
- Trade date
- Dec 2, 2021-Jan 18, 2022
- Filing delay
- 49 daysLate
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 6 non-derivative transactions and 1 derivative transaction. Open-market sales total $7.75M. It was filed 49 days after the trade, past the 2-business-day deadline.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Tan Lip BuCIK 0001008463 | Director, Officer (Executive Chairman) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Dec 2, 2021 | Common Stock | GGiftDisposed | −5,859 | $0.00 | $0 | 1,307,268 | Indirect | |
| Jan 18, 2022 | Common Stock | MOption exerciseAcquired | +50,000 | $19.60 | +$980,000 | 777,145 | Direct | |
| Jan 18, 2022 | Common Stock | SSaleDisposed | −9,671 | $153.56 | −$1,485,078.76 | 767,474 | Direct | |
| Jan 18, 2022 | Common Stock | SSaleDisposed | −9,339 | $154.56 | −$1,443,435.84 | 758,135 | Direct | |
| Jan 18, 2022 | Common Stock | SSaleDisposed | −26,128 | $155.44 | −$4,061,336.32 | 732,007 | Direct | |
| Jan 18, 2022 | Common Stock | SSaleDisposed | −4,862 | $156.19 | −$759,395.78 | 727,145 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jan 18, 2022 | Common Stock | MOption exerciseDisposed | −50,000 | $0.00 | $0 | 450,000 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
No transaction price on this filing refers to a footnote.