Cadence Design Systems insider just disposed of 5,385 shares

Martin Lund, an insider of Cadence Design Systems, recently disposed of 5,385 shares of the company. The disposals took place at $17.00 per share, on May 27, 2014. Lund still owns 119,862 shares of the company. Lund operates out of San Jose, CA. Some additional info was provided as follows:

The transaction reported in this Form 4 was pursuant to a Rule 10b5-1 Trading Plan adopted by the Reporting Person, effective March 13, 2014.

The above information was disclosed in a filing to the SEC. To see this filing in its entirety, click here.

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Other recent filings from the company include the following:

Securities to be offered to employees in employee benefit plans - July 23, 2014
Cadence Design: Cadence Reports Second Quarter 2014 Financial Results - July 21, 2014
Cadence Design Systems Just Filed Its Quarterly Report: NET INCOME PER SHARE... - July 21, 2014

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