SEC Form 4 · accession 0001199719-15-000087
SYNOPSYS INC · SNPS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph W Logan
Officer — EVP, Sales & Corp Marketing
Period of report
Dec 8, 2015
Accepted (ET)
Dec 10, 2015 · 1:46 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000883241
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Dec 8, 2015 | F | 2,388 | $46.08 | D | 62,451 | D | |
| Common StockF1 | Dec 8, 2015 | F | 2,609 | $46.08 | D | 59,842 | D | |
| Common StockF1 | Dec 8, 2015 | F | 1,892 | $46.08 | D | 57,950 | D | |
| Common Stock | Dec 8, 2015 | M | 4,575 | $0.00 | A | 62,525 | D | |
| Common Stock | Dec 8, 2015 | M | 5,000 | $0.00 | A | 67,525 | D | |
| Common Stock | Dec 8, 2015 | M | 3,625 | $0.00 | A | 71,150 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock Units | $0.00 | Dec 8, 2015 | D | 4,575 | D | Dec 8, 2015 | Dec 8, 2015 | Common Stock | 4,575 | 0 | D |
| Restricted Stock Units | $0.00 | Dec 8, 2015 | D | 5,000 | D | Dec 8, 2015 | Dec 8, 2016 | Common Stock | 5,000 | 5,000 | D |
| Restricted Stock Units | $0.00 | Dec 8, 2015 | D | 3,625 | D | Dec 8, 2015 | Dec 8, 2017 | Common Stock | 3,625 | 7,250 | D |
Explanation of responses
- F1These shares were retained by the Company in order to meet the tax withholding obligations of the award holder in connection with the vesting of an installment of the performance restricted stock unit award. The Compensation Committee approved the disposition of shares by the award holder and the amount retained by the Company was not in excess of the amount of the tax liability.