SEC Form 4 · accession 0001214659-17-006468
ANSYS INC · ANSS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William R McDermott
Director
Period of report
Nov 6, 2017
Accepted (ET)
Nov 7, 2017 · 5:00 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,F2 | Nov 6, 2017 | I | 5,000 | $151.09 | D | 41,874 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Each Deferred Stock Unit (DSU) is a share of phantom stock that is the economic equivalent of one share of ANSYS common stock. Pursuant to the ANSYS Non-Employee Director Deferred Compensation Plan (the "Plan"), certain non-employee directors are permitted to transfer the fair market value of vested but not yet settled DSUs to alternative investment accounts. The reported transaction represents the Director's election to transfer the number of DSUs above to an alternative investment account in accordance with the Plan. The settlement of the deferred account is the same as the DSUs, meaning that the account is settled only when the Director retires or otherwise leaves the Board.
- F2Includes 39,420 Deferred Stock Units and 2,484 Restricted Stock Units.