SEC Form 4 · accession 0001199719-16-000148
SYNOPSYS INC · SNPS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian M Beattie
Officer — EVP, Business Ops. & CAO
Period of report
Aug 30, 2016
Accepted (ET)
Sep 1, 2016 · 6:45 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 30, 2016 | M | 40,073 | $32.38 | A | 74,500 | D | |
| Common StockF1 | Aug 30, 2016 | S | 40,073 | $59.2058 | D | 34,427 | D | |
| Common Stock | Aug 31, 2016 | M | 4,500 | $32.38 | A | 38,927 | D | |
| Common Stock | Aug 31, 2016 | S | 4,500 | $59.34 | D | 34,427 | D | |
| Common Stock | Aug 31, 2016 | J | 193 | $38.794 | A | 34,620 | D | |
| Common Stock | Sep 1, 2016 | M | 15,000 | $38.07 | A | 49,620 | D | |
| Common StockF3 | Sep 1, 2016 | S | 15,000 | $59.0966 | D | 34,620 | D | |
| Common Stock | Sep 1, 2016 | M | 3,552 | $32.38 | A | 38,172 | D | |
| Common StockF3 | Sep 1, 2016 | S | 3,552 | $59.0966 | D | 34,620 | 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)F4 | $32.38 | Aug 30, 2016 | M | 40,073 | D | Mar 12, 2013 | Dec 12, 2019 | Common Stock | 40,073 | 14,927 | D |
| Non-Qualified Stock Option (right to buy)F4 | $32.38 | Aug 31, 2016 | M | 4,500 | D | Mar 12, 2013 | Dec 12, 2019 | Common Stock | 4,500 | 10,427 | D |
| Non-Qualified Stock Option (right to buy)F4 | $32.38 | Sep 1, 2016 | M | 3,552 | D | Mar 12, 2013 | Dec 12, 2019 | Common Stock | 3,552 | 6,875 | D |
| Non-Qualified Stock Option (right to buy)F4 | $38.07 | Sep 1, 2016 | M | 15,000 | D | Mar 12, 2014 | Dec 12, 2020 | Common Stock | 15,000 | 56,900 | D |
Explanation of responses
- F1Represents a weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from $59.20 to $59.24. 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.
- F2Acquisition of stock under Synopsys, Inc Employee Stock Purchase Plan
- F3Represents a weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from $58.95 to $59.24. 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.
- F4Option vests in 16 equal quarterly installments beginning on the date shown.