SEC Form 4 · accession 0001199719-17-000022
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
Feb 27, 2017
Accepted (ET)
Feb 28, 2017 · 1:28 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 27, 2017 | S | 216 | $72.1652 | D | 3,591 | D | |
| Common Stock | Feb 27, 2017 | S | 1,506 | $72.1564 | D | 2,085 | D | |
| Common Stock | Feb 27, 2017 | M | 4,609 | $45.23 | A | 6,694 | D | |
| Common StockF1 | Feb 27, 2017 | S | 4,609 | $72.1708 | D | 2,085 | D | |
| Common Stock | Feb 27, 2017 | M | 2,505 | $45.64 | A | 4,590 | D | |
| Common StockF1 | Feb 27, 2017 | S | 2,505 | $72.1708 | D | 2,085 | D | |
| Common Stock | Feb 27, 2017 | M | 663 | $49.35 | A | 2,748 | D | |
| Common StockF1 | Feb 27, 2017 | S | 663 | $72.1708 | D | 2,085 | 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)F2 | $45.23 | Feb 27, 2017 | M | 4,609 | D | Mar 15, 2016 | Dec 15, 2022 | Common Stock | 4,609 | 13,825 | D |
| Non-Qualified Stock Option (right to buy)F2 | $45.64 | Feb 27, 2017 | M | 2,505 | D | Dec 1, 2015 | Sep 1, 2022 | Common Stock | 2,505 | 5,511 | D |
| Non-Qualified Stock Option (right to buy)F2 | $49.35 | Feb 27, 2017 | M | 663 | D | Aug 22, 2015 | May 22, 2022 | Common Stock | 663 | 853 | D |
Explanation of responses
- F1Represents a weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from $72.1701 to $72.18. 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.
- F2Option vests in 16 equal quarterly installments beginning on the date shown.