SEC Form 4 · accession 0001199719-17-000049
SYNOPSYS INC · SNPS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Aart De Geus
Officer — Chairman of the Board & Co-CEO · Director
Period of report
May 19, 2017
Accepted (ET)
May 23, 2017 · 2:00 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 | 200,000 | $27.65 | A | 220,133 | D | |
| Common StockF1 | May 19, 2017 | S | 200,000 | $71.0063 | D | 20,133 | D | |
| Common StockF3 | May 19, 2017 | S | 30,000 | $71.0095 | D | 188,152 | I | by Family Trust |
| Common Stock | May 19, 2017 | S | 4,000 | $71.00 | D | 14,500 | I | by Partnership |
| Common StockF3 | May 19, 2017 | S | 30,000 | $71.0082 | D | 328,551 | I | by Separate Prop Tr |
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) | $27.65 | May 19, 2017 | M | 200,000 | D | Mar 8, 2012 | Dec 8, 2018 | Common Stock | 200,000 | 0 | D |
Explanation of responses
- F1Represents a weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from $70.56 to $71.475. 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.
- F3Represents a weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from $70.61 to $71.47. 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.