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                <address>
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                    <ns2:street2>38th Fl.</ns2:street2>
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                    <ns2:stateOrCountry>NY</ns2:stateOrCountry>
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            <securitiesExchangeName>NASDAQ</securitiesExchangeName>
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            <isGiftTransaction>N</isGiftTransaction>
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            <paymentDate>06/16/2023</paymentDate>
            <natureOfPayment>Cash</natureOfPayment>
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            <grossProceeds>6913833.00</grossProceeds>
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                    <ns2:stateOrCountry>CA</ns2:stateOrCountry>
                    <ns2:zipCode>95134</ns2:zipCode>
                </address>
            </sellerDetails>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <saleDate>04/28/2023</saleDate>
            <amountOfSecuritiesSold>30000</amountOfSecuritiesSold>
            <grossProceeds>6294657.00</grossProceeds>
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        <securitiesSoldInPast3Months>
            <sellerDetails>
                <name>10b5-1 Sales Plan for LIP-BU TAN1 CALIFORNIA STREET</name>
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                    <ns2:stateOrCountry>CA</ns2:stateOrCountry>
                    <ns2:zipCode>95134</ns2:zipCode>
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        <noticeSignature>
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            <planAdoptionDates>
                <planAdoptionDate>11/30/2022</planAdoptionDate>
            </planAdoptionDates>
            <signature>/s/ Lip-Bu Tan</signature>
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144
0001008463
XXXXXXXX
LIVE
0000813672
CADENCE DESIGN SYSTEM
000-15867
2655 Seely Ave., Bldg. 5
San Jose
CA
95134
408-943-1234
LIP-BU TAN
Officer
COMMON
Morgan Stanley Smith Barney LLC Executive Financial Services
1 New York Plaza
38th Fl.
New York
NY
10004
42500
10105225.00
272684000
06/16/2023
NASDAQ
Common
06/16/2023
Exercise of Stock Options
Issuer
N
42500
06/16/2023
Cash
N
10b5-1 Sales Plan for: LIP-BU TAN & YSA LOO CO-TTEELIP-BU TAN AND YSA LOO TRUST U/ADTD 02/03/1992
2655 Seely Ave., Bldg. 5
San Jose
CA
95134
Common
05/31/2023
30000
6913833.00
10b5-1 Sales Plan for LIP-BU TAN1 CALIFORNIA STREET
2655 Seely Ave., Bldg. 5
San Jose
CA
95134
Common
05/16/2023
42500
8608574.75
10b5-1 Sales Plan for: LIP-BU TAN & YSA LOO CO-TTEELIP-BU TAN AND YSA LOO TRUST U/ADTD 02/03/1992
2655 Seely Ave., Bldg. 5
San Jose
CA
95134
Common
04/28/2023
30000
6294657.00
10b5-1 Sales Plan for LIP-BU TAN1 CALIFORNIA STREET
2655 Seely Ave., Bldg. 5
San Jose
CA
95134
Common
04/14/2023
42500
9119730.75
10b5-1 Sales Plan for: LIP-BU TAN & YSA LOO CO-TTEELIP-BU TAN AND YSA LOO TRUST U/ADTD 02/03/1992
2655 Seely Ave., Bldg. 5
San Jose
CA
95134
Common
03/31/2023
30000
6271146.00
06/16/2023
11/30/2022
/s/ Lip-Bu Tan