CHI-FOON CHAN - 20 Aug 2021 Form 4 Insider Report for SYNOPSYS INC (SNPS)

Role
Co-CEO & President, Director
Signature
By: POA pursuant Christina Escalante-Dutra For: Chi-Foon Chan
Issuer symbol
SNPS
Transactions as of
20 Aug 2021
Net transactions value
-$68,581,210
Form type
4
Filing time
24 Aug 2021, 15:20:11 UTC
Previous filing
24 May 2021
Next filing
02 Sep 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNPS Common Stock Sale $3,880,235 -12,319 -7% $314.98 164,515 20 Aug 2021 Direct F1, F2
transaction SNPS Common Stock Options Exercise $9,713,473 +160,899 +98% $60.37* 325,414 20 Aug 2021 Direct
transaction SNPS Common Stock Sale $50,679,919 -160,899 -49% $314.98 164,515 20 Aug 2021 Direct F2
transaction SNPS Common Stock Options Exercise $9,541,926 +105,424 +64% $90.51* 269,939 20 Aug 2021 Direct
transaction SNPS Common Stock Sale $33,206,420 -105,424 -39% $314.98 164,515 20 Aug 2021 Direct F2
transaction SNPS Common Stock Options Exercise $28,058 +310 +0.19% $90.51* 164,825 23 Aug 2021 Direct
transaction SNPS Common Stock Sale $98,093 -310 -0.19% $316.43 164,515 23 Aug 2021 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SNPS Non-Qualified Stock Option (right to buy) Options Exercise $0 -160,899 -100% $0.000000* 0 20 Aug 2021 Common Stock 160,899 $60.37 Direct F1
transaction SNPS Non-Qualified Stock Option (right to buy) Options Exercise $0 -105,424 -87% $0.000000 15,415 20 Aug 2021 Common Stock 105,424 $90.51 Direct F1, F3
transaction SNPS Non-Qualified Stock Option (right to buy) Options Exercise $0 -310 -2% $0.000000 15,105 23 Aug 2021 Common Stock 310 $90.51 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
F2 Represents a weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from $310.62 to $317.55. The Reporting Person has provided to the Issuer, and undertakes to provide to the staff of the Securities and Exchange Commission or any security holder of the Issuer, upon request, full information regarding the number of shares purchased at each separate price within the range.
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, subject to continued service through each vesting date.