SEC Form 4 · accession 0001199719-17-000046
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
May 19, 2017
Accepted (ET)
May 23, 2017 · 1:59 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 | May 19, 2017 | M | 7,188 | $42.43 | A | 18,239 | D | |
| Common Stock | May 19, 2017 | S | 7,188 | $71.00 | D | 11,051 | D | |
| Common Stock | May 19, 2017 | M | 2,812 | $39.09 | A | 13,863 | D | |
| Common Stock | May 19, 2017 | S | 2,812 | $71.00 | D | 11,051 | 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 | $39.09 | May 19, 2017 | M | 2,812 | D | May 23, 2015 | May 23, 2021 | Common Stock | 2,812 | 14,063 | D |
| Non-Qualified Stock Option (right to buy)F3 | $42.43 | May 19, 2017 | M | 7,188 | D | Mar 12, 2015 | Dec 12, 2021 | Common Stock | 7,188 | 24,925 | D |
Explanation of responses
- F1The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
- F21/4 of the grant becomes exercisable one year after grant date with the remainder becoming exercisable in a series of 12 equal quarterly installments thereafter.
- F3Option vests in 16 equal quarterly installments beginning on the date shown.