SEC Form 4 · accession 0001214659-18-001387
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 15, 2018
Accepted (ET)
Feb 20, 2018 · 4:30 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 15, 2018 | M | 20,250 | $0.00 | A | 376,796 | D | |
| Common StockF2,F4 | Feb 15, 2018 | M | 6,750 | $0.00 | A | 383,546 | D | |
| Common StockF3,F4 | Feb 15, 2018 | F | 10,847 | $162.41 | D | 372,699 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Restricted Stock UnitF5 | $0.00 | Feb 15, 2018 | M | 20,250 | D | — | — | Common Stock | 20,250 | 0 | D |
| Performance Restricted Stock UnitF6 | $0.00 | Feb 15, 2018 | M | 6,750 | D | — | — | Common Stock | 6,750 | 0 | D |
Explanation of responses
- F1Awarded under Issuer's Second Amended and Restated Long-Term Incentive Plan. Shares earned upon vesting and settlement of Performance Restricted Stock Units and certification of performance results by the Compensation Committee of 150% of target for each year of cumulative three-year award period.
- F2Awarded under the Issuer's Fourth Amended and Restated 1996 Stock Option and Grant Plan. Shares earned upon vesting and settlement of Performance Restricted Stock Units and certification of performance results by the Compensation Committee of 0%, 0% and 150% of target for each year of cumulative three-year award period.
- 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 61,683 Restricted Stock Units, as well as 45 shares acquired under the ANSYS Employee Stock Purchase Plan on January 31, 2018.
- F5Awarded under Issuer's Second Amended and Restated Long-Term Incentive Plan. Performance Restricted Stock Units awarded March 5, 2015 represented a contingent right to receive shares of ANSYS Common Stock upon vesting and settlement of Performance Share Units and certification of performance results by the Compensation Committee. See footnote 1 for additional information.
- F6Awarded under Issuer's Fourth Amended and Restated 1996 Stock Option and Grant Plan. Performance Restricted Stock Units awarded March 5, 2015 represented a contingent right to receive shares of ANSYS Common Stock upon vesting and settlement of Performance Share Units and certification of performance results by the Compensation Committee. See footnote 2 for additional information.