Shelagh Glaser - 02 Dec 2022 Form 4 Insider Report for SYNOPSYS INC (SNPS)

Role
CFO
Signature
By: POA pursuant Christina Escalante-Dutra For: Shelagh Glaser
Issuer symbol
SNPS
Transactions as of
02 Dec 2022
Net transactions value
$0
Form type
4
Filing time
06 Dec 2022, 14:19:48 UTC
Previous filing
25 Nov 2022
Next filing
22 Feb 2023

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SNPS Non-Qualified Stock Option (right to buy) Award $0 +20,897 $0.000000 20,897 02 Dec 2022 Common Stock 20,897 $348.17 Direct F1, F2
transaction SNPS Restricted Stock Units Award $0 +5,745 $0.000000 5,745 02 Dec 2022 Common Stock 5,745 $0.000000 Direct F3, F4
transaction SNPS Restricted Stock Units Award $0 +14,361 $0.000000 14,361 02 Dec 2022 Common Stock 14,361 $0.000000 Direct F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Grant to reporting person to buy shares of common stock under the Synopsys, Inc 2006 Employee Equity Incentive Plan.
F2 1/4 of the grant becomes exercisable on the date shown with the remainder becoming exercisable in a series of 12 equal quarterly installments thereafter, subject to continued service through each vesting date.
F3 The Compensation Committee of the Board of Directors approved a restricted stock unit grant under the Synopsys, Inc. 2006 Employee Equity Incentive Plan.
F4 The RSU shall vest as to 100% on the date shown subject to continuous employment through such vesting date.
F5 25% of the units vest on the date shown followed by three equal annual installments.