Form Type: 4

SEC EDGAR Link
Accession Number:0001199719-19-000083
Date:2019-12-12
Issuer: SYNOPSYS INC (SNPS)
Original Submission Date:

Reporting Person:

DE GEUS AART
690 EAST MIDDLEFIELD ROAD
MOUNTAIN VIEW, CA 94043

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON STOCK 2019-12-12 M 6,197 a $0.00 51,971 direct
COMMON STOCK 2019-12-12 F 3,073 d $135.88 48,898 direct
COMMON STOCK 2019-12-12 0 $0.00 188,285 indirect
COMMON STOCK 2019-12-12 0 $0.00 14,500 indirect
COMMON STOCK 2019-12-12 0 $0.00 251,551 indirect
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
NON-QUALIFIED STOCK OPTION (RIGHT TO BUY) 135.88 2019-12-12 deemed execution date A 74,641 (a) 2020-12-12 2026-12-12 common stock 74,641 $135.88 74,641 direct
RESTRICTED STOCK UNITS 0.0 2019-12-12 deemed execution date A 24,788 (a) 2019-12-12 2022-12-08 common stock 24,788 $0.00 24,788 direct
RESTRICTED STOCK UNITS 0.0 2019-12-12 deemed execution date D 6,197 (d) 2019-12-12 2022-12-08 common stock 6,197 $0.00 18,591 direct
Footnotes
IDfootnote
f1 these shares were retained by the company in order to meet the tax withholding obligations of the award holder in connection with the vesting of an installment of the performance restricted stock unit award. the compensation committee approved the disposition of shares by the award holder and the amount retained by the company was not in excess of the amount of the tax liability.
f2 grant to reporting person to buy shares of common stock under the synopsys, inc 2006 employee equity incentive plan. the compensation committee of the board of directors approved an option grant value of $2,300,000, with the number of shares subject to the option to be determined by dividing that amount by the fair value of an option to acquire a share of synopsys common stock on the grant date using the black-scholes option pricing model.
f3 1/4 of the grant becomes exercisable one year after grant date with the remainder becoming exercisable in a series of 12 equal quarterly installments thereafter.
f4 on 12/12/18 the compensation committee of the board of directors approved a restricted stock unit grant value of $2,225,000, with the number of granted restricted stock units to be determined by dividing that amount by the closing price of synopsys common stock on the grant date. the vesting of such restricted stock units was based on satisfaction of certain performance criteria for the fiscal year ending 11/02/19. the performance criteria were met.
f5 25% of the units vest on the date shown followed by three equal annual installments.
WhaleWisdom Logo

Elevate your investments