SEC Form 4 · accession 0001199719-17-000011
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
Feb 17, 2017
Accepted (ET)
Feb 21, 2017 · 4:28 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 Stock | Feb 17, 2017 | M | 10,000 | $42.43 | A | 20,902 | D | |
| Common StockF1 | Feb 17, 2017 | S | 10,000 | $69.6769 | D | 10,902 | 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 | $42.43 | Feb 17, 2017 | M | 10,000 | D | Mar 12, 2015 | Dec 12, 2021 | Common Stock | 10,000 | 32,113 | D |
Explanation of responses
- F1Represents a weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from $69.14 to 70.46. 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.
- F2The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
- F3Option vests in 16 equal quarterly installments beginning on the date shown.