Sudhindra Kankanwadi - 08 Dec 2022 Form 4 Insider Report for SYNOPSYS INC (SNPS)

Role
Chief Accounting Officer
Signature
By: POA pursuant Christina Escalante-Dutra For: Sudhindra Kankanwadi
Issuer symbol
SNPS
Transactions as of
08 Dec 2022
Net transactions value
-$585,477
Form type
4
Filing time
12 Dec 2022, 15:52:25 UTC
Previous filing
19 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 +940 +6.6% $0.000000 15,079 08 Dec 2022 Direct
transaction SNPS Common Stock Tax liability $107,779 -326 -2.2% $330.61 14,753 08 Dec 2022 Direct F1
transaction SNPS Common Stock Options Exercise $0 +690 +4.7% $0.000000 15,443 08 Dec 2022 Direct
transaction SNPS Common Stock Tax liability $79,016 -239 -1.5% $330.61 15,204 08 Dec 2022 Direct F1
transaction SNPS Common Stock Options Exercise $0 +881 +5.8% $0.000000 16,085 08 Dec 2022 Direct
transaction SNPS Common Stock Tax liability $100,836 -305 -1.9% $330.61 15,780 08 Dec 2022 Direct F1
transaction SNPS Common Stock Options Exercise $0 +741 +4.7% $0.000000 16,521 08 Dec 2022 Direct
transaction SNPS Common Stock Tax liability $118,358 -358 -2.2% $330.61 16,163 08 Dec 2022 Direct F1
transaction SNPS Common Stock Award $0 +1,111 +6.9% $0.000000 17,274 09 Dec 2022 Direct F2
transaction SNPS Common Stock Tax liability $179,488 -551 -3.2% $325.75 16,723 09 Dec 2022 Direct F1

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 -940 -100% $0.000000* 0 08 Dec 2022 Common Stock 940 $0.000000 Direct
transaction SNPS Restricted Stock Units Disposed to Issuer $0 -690 -50% $0.000000 690 08 Dec 2022 Common Stock 690 $0.000000 Direct F3
transaction SNPS Restricted Stock Units Disposed to Issuer $0 -881 -33% $0.000000 1,762 08 Dec 2022 Common Stock 881 $0.000000 Direct F3
transaction SNPS Restricted Stock Units Disposed to Issuer $0 -741 -25% $0.000000 2,222 08 Dec 2022 Common Stock 741 $0.000000 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.