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CADENCE DESIGN SYSTEMS INC Director's Dealing 2012

Feb 8, 2012

29878_dirs_2012-02-08_47144a64-1ead-4d2f-9b1a-72ac8040b5a4.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CADENCE DESIGN SYSTEMS INC (CDNS)
CIK: 0000813672
Period of Report: 2012-02-06

Reporting Person: Huang Charlie X. (N/A)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2012-02-06 Common Stock A 30000 Acquired 119110 Direct
2012-02-06 Common Stock F 2139 $11.62 Disposed 116971 Direct
2012-02-08 Common Stock F 2445 $11.76 Disposed 114526 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2012-02-06 Non-Qualified Stock Option (right to buy) $11.62 A 100000 Acquired 2019-02-06 Common Stock (100000) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 11372 Indirect
Common Stock 235488 Indirect
Common Stock 20420 Indirect

Footnotes

F1: These securites are held by Huang-Zhang Trust U/A DTD 6/12/96, of which Reporting Person and Reporting Person's spouse are trustees.

F2: These securities are held in custodial accounts by Reporting Person's spouse for the children of Reporting Person and Reporting Person's spouse.

F3: Grant of performance based incentive stock.

F4: Option vests at a rate of 1/48th per month.

F5: Shares withheld to satisfy tax obligations arising out of vesting of restricted stock.