SEC Form 4 · accession 0001199719-16-000146
SYNOPSYS INC · SNPS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John F Runkel Jr.
Officer — General Counsel &
Period of report
Aug 23, 2016
Accepted (ET)
Aug 24, 2016 · 2:50 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 23, 2016 | M | 10,000 | $39.09 | A | 18,229 | D | |
| Common StockF2 | Aug 23, 2016 | S | 10,000 | $58.8689 | D | 8,229 | D |
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)F3 | $39.09 | Aug 23, 2016 | M | 10,000 | D | May 23, 2015 | May 23, 2021 | Common Stock | 10,000 | 20,000 | 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 $58.52 to $59.00. 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.
- F31/4 of the grant becomes exercisable one year after grant date with the remainder becoming exercisable in a series of 12 equal quarterly installments thereafter.