SEC Form 4 · accession 0001199719-18-000046
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
Jun 15, 2018
Accepted (ET)
Jun 19, 2018 · 2:30 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 | Jun 15, 2018 | M | 586 | $0.00 | A | 6,795 | D | |
| Common StockF1 | Jun 15, 2018 | F | 199 | $90.57 | D | 6,596 | D | |
| Common Stock | Jun 15, 2018 | M | 380 | $0.00 | A | 6,976 | D | |
| Common StockF1 | Jun 15, 2018 | F | 132 | $90.57 | D | 6,844 | 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 | Jun 15, 2018 | D | 586 | D | Jun 15, 2015 | Jun 15, 2018 | Common Stock | 586 | 0 | D |
| Restricted Stock UnitsF3 | $0.00 | Jun 15, 2018 | D | 380 | D | Jun 15, 2016 | Jun 15, 2019 | Common Stock | 380 | 379 | 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.
- F2The restricted stock units vested as to 25% of the total shares on 6/15/15 and the remaining 75% vest in three equal annual installments thereafter, subject to continued service through each vesting date.
- F3The restricted stock units vested as to 25% of the total shares on 6/15/16 and the remaining 75% vest in three equal annual installments thereafter, subject to continued service through each vesting date.