Ajei Gopal - 14 Nov 2023 Form 4 Insider Report for ANSYS INC (ANSS)

Signature
Janet Lee, Attorney-in-Fact
Issuer symbol
ANSS
Transactions as of
14 Nov 2023
Transactions value $
-$1,943,811
Form type
4
Filing time
16 Nov 2023, 16:52:43 UTC
Previous filing
12 Oct 2023
Next filing
16 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ANSS Common Stock Options Exercise $909,630 +9,566 +4.5% $95.09 223,543 14 Nov 2023 Direct
transaction ANSS Common Stock Sale -$2,853,442 -9,566 -4.3% $298.29 213,977 14 Nov 2023 Direct F1, F2

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 ANSS Option to Purchase Options Exercise $0 -9,566 -9.4% $0 92,018 14 Nov 2023 Common Stock 9,566 $95.09 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Pursuant to an effective Rule 10b5-1 plan.
F2 Includes 27,284 Deferred Stock Units and 71,129 Restricted Stock Units.
F3 The option grant of 208,882 shares granted on 08/31/2016 vested 25% annually in equal installments beginning on the first anniversary of the grant.