CADENCE DESIGN SYSTEMS INC
For the period ended Mar 31, 2025. Filed Apr 30, 2025.
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Mar 31, 2025 · Filed Apr 30, 2025
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Item 5. Other Information
Insider Trading Arrangements
During the fiscal quarter ended March 31, 2025, our directors and officers (as defined in Rule 16a-1(f) under the Exchange Act)adopted orterminated the contracts, instructions or written plans for the purchase or sale of our securities set forth in the table below.
| Type of Trading Arrangement | |||||
| Name and Position | Action | Adoption/ TerminationDate | Rule 10b5-1* | Total Shares of Common Stock to be Sold | Expiration Date |
|---|---|---|---|---|---|
| Chin-Chi Teng, Senior Vice President and General Manager, R&D | Adoption | 3/7/2025 | X | Up to 26,390 | 9/2/2025 |
| Paul Cunningham, Senior Vice President and General Manager, System Verification Group | Adoption(1) | 3/10/2025 | X | Up to 12,000 | 5/8/2026 |
| Paul Cunningham, Senior Vice President and General Manager, System Verification Group | Termination(1) | 3/13/2025 | X | Up to 12,000 | 5/8/2026 |
| Paul Cunningham. Senior Vice President and General Manager, System Verification Group | Adoption | 3/14/2025 | X | Up to 12,000 | 5/8/2026 |
| * Contract, instruction or written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act. | |||||
(1)Dr. Cunningham’s trading arrangement entered into on March 10, 2025 was promptly terminated on March 13, 2025 due to a clerical error. No securities were purchased or sold under the trading arrangement.
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