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Insider Trading Arrangements | 3 Months Ended
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Mar. 31, 2025 shares
Trading Arrangements, by Individual |
Material Terms of Trading Arrangement | During the fiscal quarter ended March 31, 2025, our directors and officers (as defined in Rule 16a-1(f) under the Exchange Act) adopted or terminated 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/ Termination Date |  | 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.
Non-Rule 10b5-1 Arrangement Adopted | false
Non-Rule 10b5-1 Arrangement Terminated | false
Chin-Chi Teng [Member] |
Trading Arrangements, by Individual |
Name | Chin-Chi Teng
Title | Senior Vice President and General Manager, R&D
Rule 10b5-1 Arrangement Adopted | true
Adoption Date | 3/7/2025
Arrangement Duration | 179 days
Aggregate Available | 26,390
Adoption (1) [Member] | Paul Cunningham [Member] |
Trading Arrangements, by Individual |
Name | Paul Cunningham
Title | Senior Vice President and General Manager, System Verification Group
Rule 10b5-1 Arrangement Adopted | true
Adoption Date | 3/10/2025
Arrangement Duration | 424 days
Aggregate Available | 12,000
Termination [Member] | Paul Cunningham [Member] |
Trading Arrangements, by Individual |
Name | Paul Cunningham
Title | Senior Vice President and General Manager, System Verification Group
Rule 10b5-1 Arrangement Terminated | true
Termination Date | 3/13/2025
Arrangement Duration | 421 days
Aggregate Available | 12,000
Adoption (2) [Member] |
Trading Arrangements, by Individual |
Title | Senior Vice President and General Manager, System Verification Group
Adoption (2) [Member] | Paul Cunningham [Member] |
Trading Arrangements, by Individual |
Name | Paul Cunningham
Rule 10b5-1 Arrangement Adopted | true
Adoption Date | 3/14/2025
Arrangement Duration | 420 days
Aggregate Available | 12,000

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