SEC Form 4 · accession 0001214659-17-001309
ANSYS INC · ANSS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James E Cashman III
Director
Period of report
Feb 21, 2017
Accepted (ET)
Feb 23, 2017 · 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 StockF1,F3 | Feb 21, 2017 | M | 25,000 | $48.97 | A | 373,961 | D | |
| Common StockF1,F2,F3 | Feb 21, 2017 | S$0 | 25,000 | — | D | 348,961 | 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 PurchaseF1,F4 | $48.97 | Feb 21, 2017 | M | 25,000 | D | — | Nov 15, 2020 | Common Stock | 25,000 | 47,958 | D |
Explanation of responses
- F1Pursuant to a 10b5-1 plan currently in place.
- F2The trade was executed in a series of transactions with a price range of $99.56 to $100.91, inclusive, with a weighted average price of $100.541183. 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.
- F3Includes 65,250 Restricted Stock Units.
- F4The option grant of 75,000 shares granted on 11/15/2010 vests 25% annually in equal installments beginning on the first anniversary of the grant.