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4-Traders Homepage  >  Shares  >  Nasdaq  >  Cadence Design Systems Inc    CDNS

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Cadence Design Systems : SEC Receives Insider Trading Form Involving Cadence Design Systems

07/30/2015 | 12:01am US/Eastern

Targeted News Service

WASHINGTON, July 30 - Cadence Design Systems Inc. [CDNS], San Jose, California, was involved in the following insider trading activity on a Form 4 filed with the U.S. Securities and Exchange Commission:

INSIDER: Chi-Ping Hsu

TITLE: Senior Vice President

DATE RELEASED: July 29, 2015

DATE of ACTION: July 28, 2015

ACTION: Acquired

SHARES: 40,000 shares of common stock at $9.66 per share

ACTION: Disposed

SHARES: 40,000 shares (1) of common stock at $21 per share

NOW HOLDS: 191,338

EXPLANATION OF RESPONSES:

1. The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 Trading Plan adopted by the Reporting Person.

Link: http://www.sec.gov/Archives/edgar/data/813672/000120919115062883/xslF345X03/doc4.xml

Myron Struck, editor, Targeted News Service, Springfield, Va., 703/304-1897; editor@targetednews.com; http://www.targetednews.com

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(c) 2015 Targeted News Service, source News Service

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