SEC Form 4 · accession 0001214659-17-001276
ANSYS INC · ANSS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Walid Abu-Hadba
Officer — CHIEF PRODUCT OFFICER
Period of report
Feb 16, 2017
Accepted (ET)
Feb 21, 2017 · 4:20 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 StockF1,F4 | Feb 16, 2017 | M | 1,069 | $0.00 | A | 23,007 | D | |
| Common StockF2,F4 | Feb 16, 2017 | M | 829 | $0.00 | A | 23,836 | D | |
| Common StockF3,F4 | Feb 16, 2017 | F | 642 | $100.43 | D | 23,194 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Restricted Stock UnitF5 | $0.00 | Feb 16, 2017 | M | 1,069 | D | — | — | Common Stock | 1,069 | 37,007 | D |
| Performance Restricted Stock UnitF5 | $0.00 | Feb 16, 2017 | M | 829 | D | — | — | Common Stock | 829 | 36,178 | D |
| Performance Restricted Stock UnitF6,F5 | $0.00 | Feb 16, 2017 | D | 8,802 | D | — | — | Common Stock | 8,802 | 27,376 | D |
Explanation of responses
- F1Shares earned due to a performance factor of 60% upon vesting and settlement of Performance Restricted Stock Units and certification of performance results by the Compensation Committee.
- F2Shares earned due to a performance factor of 46.5% upon vesting and settlement of Performance Restricted Stock Units and certification of performance results by the Compensation Committee.
- F3Shares withheld for payment of taxes in connection with the vesting and settlement of Performance Restricted Stock Units described in footnotes 1 and 2 above.
- F4Includes 16,950 Restricted Stock Units.
- F5Awarded under Issuer's Second Amended and Restated Long Term Incentive Plan. Performance Restricted Stock Units awarded March 5, 2014 converted into shares of Common Stock upon vesting and settlement of Performance Share Units and certification of performance results by the Compensation Committee.
- F6Performance Restricted Stock Units cancelled due to performance goal not being 100% achieved.