SEC Form 4 · accession 0001199719-16-000152
SYNOPSYS INC · SNPS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sudhindra Kankanwadi
Officer — VP and Corporate Controller
Period of report
Sep 15, 2016
Accepted (ET)
Sep 16, 2016 · 7:31 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 | Sep 15, 2016 | M | 411 | $0.00 | A | 3,367 | D | |
| Common StockF1 | Sep 15, 2016 | F | 155 | $58.40 | D | 3,212 | 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 UnitsF2 | $0.00 | Sep 15, 2016 | D | 411 | D | Sep 15, 2016 | Sep 15, 2019 | Common Stock | 411 | 1,232 | 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 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.
- F225% of the units vest on the date shown followed by three equal annual installments.