Cadence Design Systems director just cashed-in 32,912 options

John B Shoven, a director of Cadence Design Systems, recently cashed-in 32,912 options. The options were exercised at $18.08, while the disposals took place at $21.25 per share, on September 25, 2015. Shoven continues to hold 167,820 shares of the company. Shoven operates out of San Jose, CA. Some additional info was provided as follows:

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

The above information was disclosed in a filing to the SEC. To see this filing in its entirety, click here. Cadence Design Systems next reports earnings on October 26, 2015.

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