SEC Form 4 · accession 0001214659-16-009710
ANSYS INC · ANSS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James E Cashman III
Officer — President and CEO · Director
Period of report
Feb 18, 2016
Accepted (ET)
Feb 22, 2016 · 4:00 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001013462
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Feb 18, 2016 | M | 100 | $24.01 | A | 324,680 | D | |
| Common StockF2 | Feb 18, 2016 | S | 100 | $87.10 | D | 324,580 | D | |
| Common Stock | Feb 19, 2016 | M | 24,900 | $24.01 | A | 349,480 | D | |
| Common StockF3 | Feb 19, 2016 | S$0 | 24,900 | — | D | 324,580 | D | |
| Common Stock | holding | — | — | — | 64,500 | I | Reflects shares held in a family limited partnership. |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option To PurchaseF4 | $24.01 | Feb 18, 2016 | M | 100 | D | — | Nov 20, 2016 | Common Stock | 100 | 64,900 | D |
| Option To PurchaseF4 | $24.01 | Feb 19, 2016 | M | 24,900 | D | — | Nov 20, 2016 | Common Stock | 24,900 | 40,000 | D |
Explanation of responses
- F1Pursuant to a 10b5-1 plan currently in place.
- F2Includes 42,000 Restricted Stock Units
- F3The trade was executed in a series of transactions with a price range of $87.00 to $87.085, inclusive, with a weighted average price of $87.029297. The reporting person undertakes to provide to ANSYS, Inc., any security holder of ANSYS, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- F4The option grant of 140,000 shares granted on 11/20/2006 vests 25% annually in equal installments beginning on the first anniversary of the grant.