Aart De Geus - 08 Dec 2022 Form 4 Insider Report for SYNOPSYS INC (SNPS)

Role
Chairman of the Board & CEO, Director
Signature
By: POA pursuant Christina Escalante-Dutra For: Aart de Geus
Issuer symbol
SNPS
Transactions as of
08 Dec 2022
Transactions value $
-$4,013,244
Form type
4
Filing time
12 Dec 2022, 15:52:07 UTC
Previous filing
02 Sep 2022
Next filing
22 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNPS Common Stock Options Exercise $0 +6.2K +7.64% $0.00 87.3K 08 Dec 2022 Direct
transaction SNPS Common Stock Tax liability -$1.02M -3.07K -3.52% $330.61 84.2K 08 Dec 2022 Direct F1
transaction SNPS Common Stock Options Exercise $0 +4.23K +5.03% $0.00 88.4K 08 Dec 2022 Direct
transaction SNPS Common Stock Tax liability -$544K -1.65K -1.86% $330.61 86.8K 08 Dec 2022 Direct F1
transaction SNPS Common Stock Options Exercise $0 +3.74K +4.31% $0.00 90.5K 08 Dec 2022 Direct
transaction SNPS Common Stock Tax liability -$613K -1.85K -2.05% $330.61 88.7K 08 Dec 2022 Direct F1
transaction SNPS Common Stock Options Exercise $0 +1.87K +2.11% $0.00 90.5K 08 Dec 2022 Direct
transaction SNPS Common Stock Tax liability -$306K -927 -1.02% $330.61 89.6K 08 Dec 2022 Direct F1
transaction SNPS Common Stock Options Exercise $0 +1.24K +1.38% $0.00 90.8K 08 Dec 2022 Direct
transaction SNPS Common Stock Tax liability -$203K -613 -0.67% $330.61 90.2K 08 Dec 2022 Direct F1
transaction SNPS Common Stock Award $0 +8.24K +9.14% $0.00 98.5K 09 Dec 2022 Direct F2
transaction SNPS Common Stock Tax liability -$1.33M -4.09K -4.15% $325.75 94.4K 09 Dec 2022 Direct F1
holding SNPS Common Stock 122K 08 Dec 2022 by Family Trust
holding SNPS Common Stock 14.5K 08 Dec 2022 by Partnership
holding SNPS Common Stock 187K 08 Dec 2022 by Separate Prop Tr

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 Restricted Stock Units Disposed to Issuer $0 -6.2K -100% $0.00* 0 08 Dec 2022 Common Stock 6.2K $0.00 Direct
transaction SNPS Restricted Stock Units Disposed to Issuer $0 -4.23K -50.01% $0.00 4.23K 08 Dec 2022 Common Stock 4.23K $0.00 Direct F3
transaction SNPS Restricted Stock Units Disposed to Issuer $0 -3.74K -22.22% $0.00 13.1K 08 Dec 2022 Common Stock 3.74K $0.00 Direct F3
transaction SNPS Restricted Stock Units Disposed to Issuer $0 -1.87K -14.29% $0.00 11.2K 08 Dec 2022 Common Stock 1.87K $0.00 Direct F3
transaction SNPS Restricted Stock Units Disposed to Issuer $0 -1.24K -25.02% $0.00 3.7K 08 Dec 2022 Common Stock 1.24K $0.00 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were retained by the Company in order to meet the tax withholding obligations of the reporting person in connection with the vesting of an installment of the restricted stock unit award. The Compensation Committee approved the disposition of shares by the reporting person and the amount retained by the Company was not in excess of the amount of the tax liability.
F2 Represents one tranche of a performance-based restricted stock award granted on October 18, 2019 for which a non-GAAP operating margin goal for the fiscal year ended October 29, 2022 was determined by the Compensation Committee to have been achieved on December 9, 2022. All of the stock units subject to this tranche vested on December 9, 2022.
F3 25% of the units vest on the date shown followed by three equal annual installments.