SEC Form 4 · accession 0001199719-16-000142
SYNOPSYS INC · SNPS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Aart De Geus
Officer — Chairman of the Board & Co-CEO · Director
Period of report
Aug 19, 2016
Accepted (ET)
Aug 22, 2016 · 7:39 pm EDT
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 Stock | Aug 19, 2016 | M | 158,734 | $26.56 | A | 159,791 | D | |
| Common StockF2 | Aug 19, 2016 | S | 158,734 | $58.3566 | D | 1,057 | D | |
| Common Stock | Aug 22, 2016 | M | 41,266 | $26.56 | A | 42,323 | D | |
| Common StockF3 | Aug 22, 2016 | S | 41,266 | $58.5695 | D | 1,057 | D | |
| Common StockF4,F5 | Aug 19, 2016 | S | 52,000 | $58.3809 | D | 218,152 | I | by Family Trust |
| Common StockF6 | Aug 19, 2016 | S | 4,000 | $58.3362 | D | 18,500 | I | by Partnership |
| Common StockF7,F5 | Aug 19, 2016 | S | 50,000 | $58.3767 | D | 368,551 | I | by Separate Prop Tr |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy) | $26.56 | Aug 19, 2016 | M | 158,734 | D | Mar 9, 2011 | Dec 9, 2017 | Common Stock | 158,734 | 41,266 | D |
| Non-Qualified Stock Option (right to buy) | $26.56 | Aug 22, 2016 | M | 41,266 | D | Mar 9, 2011 | Dec 9, 2017 | Common Stock | 41,266 | 0 | D |
Explanation of responses
- F1The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
- F2Represents a weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from $58.00 to $58.66. The Reporting Person has provided to the Issuer, and undertakes to provide to the staff of the Securities and Exchange Commission or any security holder of the Issuer, upon request, full information regarding the number of shares purchased at each separate price within the range.
- F3Represents a weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from $58.285 to $58.87. The Reporting Person has provided to the Issuer, and undertakes to provide to the staff of the Securities and Exchange Commission or any security holder of the Issuer, upon request, full information regarding the number of shares purchased at each separate price within the range.
- F4Represents a weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from $58.005 to $58.64. The Reporting Person has provided to the Issuer, and undertakes to provide to the staff of the Securities and Exchange Commission or any security holder of the Issuer, upon request, full information regarding the number of shares purchased at each separate price within the range.
- F5The reporting person previously transferred shares to the de Geus-John Family Trust and the Aart J de Geus Separate Property Trust (the "Transfers"). The Transfers are exempt from Section 16 by virtue of Rule 16a-13. Since the Transfers, the reporting person has reported the shares as directly held. The shares are indirectly held by the reporting person through the de Geus-John Family Trust and the Aart J de Geus Separate Property Trust.
- F6Represents a weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from $58.02 to $58.59. The Reporting Person has provided to the Issuer, and undertakes to provide to the staff of the Securities and Exchange Commission or any security holder of the Issuer, upon request, full information regarding the number of shares purchased at each separate price within the range.
- F7Represents a weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from $58.00 to $58.65. The Reporting Person has provided to the Issuer, and undertakes to provide to the staff of the Securities and Exchange Commission or any security holder of the Issuer, upon request, full information regarding the number of shares purchased at each separate price within the range.