Aart De Geus - Dec 8, 2022 Form 4 Insider Report for SYNOPSYS INC (SNPS)

Role
Chairman of the Board & CEO, Director
Signature
By: POA pursuant Christina Escalante-Dutra For: Aart de Geus
Stock symbol
SNPS
Transactions as of
Dec 8, 2022
Transactions value $
-$4,013,244
Form type
4
Date filed
12/12/2022, 03:52 PM
Previous filing
Sep 2, 2022
Next filing
Feb 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNPS Common Stock Options Exercise $0 +6.2K +7.64% $0.00 87.3K Dec 8, 2022 Direct
transaction SNPS Common Stock Tax liability -$1.02M -3.07K -3.52% $330.61 84.2K Dec 8, 2022 Direct F1
transaction SNPS Common Stock Options Exercise $0 +4.23K +5.03% $0.00 88.4K Dec 8, 2022 Direct
transaction SNPS Common Stock Tax liability -$544K -1.65K -1.86% $330.61 86.8K Dec 8, 2022 Direct F1
transaction SNPS Common Stock Options Exercise $0 +3.74K +4.31% $0.00 90.5K Dec 8, 2022 Direct
transaction SNPS Common Stock Tax liability -$613K -1.85K -2.05% $330.61 88.7K Dec 8, 2022 Direct F1
transaction SNPS Common Stock Options Exercise $0 +1.87K +2.11% $0.00 90.5K Dec 8, 2022 Direct
transaction SNPS Common Stock Tax liability -$306K -927 -1.02% $330.61 89.6K Dec 8, 2022 Direct F1
transaction SNPS Common Stock Options Exercise $0 +1.24K +1.38% $0.00 90.8K Dec 8, 2022 Direct
transaction SNPS Common Stock Tax liability -$203K -613 -0.67% $330.61 90.2K Dec 8, 2022 Direct F1
transaction SNPS Common Stock Award $0 +8.24K +9.14% $0.00 98.5K Dec 9, 2022 Direct F2
transaction SNPS Common Stock Tax liability -$1.33M -4.09K -4.15% $325.75 94.4K Dec 9, 2022 Direct F1
holding SNPS Common Stock 122K Dec 8, 2022 by Family Trust
holding SNPS Common Stock 14.5K Dec 8, 2022 by Partnership
holding SNPS Common Stock 187K Dec 8, 2022 by Separate Prop Tr

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 Restricted Stock Units Disposed to Issuer $0 -6.2K -100% $0.00* 0 Dec 8, 2022 Common Stock 6.2K $0.00 Direct
transaction SNPS Restricted Stock Units Disposed to Issuer $0 -4.23K -50.01% $0.00 4.23K Dec 8, 2022 Common Stock 4.23K $0.00 Direct F3
transaction SNPS Restricted Stock Units Disposed to Issuer $0 -3.74K -22.22% $0.00 13.1K Dec 8, 2022 Common Stock 3.74K $0.00 Direct F3
transaction SNPS Restricted Stock Units Disposed to Issuer $0 -1.87K -14.29% $0.00 11.2K Dec 8, 2022 Common Stock 1.87K $0.00 Direct F3
transaction SNPS Restricted Stock Units Disposed to Issuer $0 -1.24K -25.02% $0.00 3.7K Dec 8, 2022 Common Stock 1.24K $0.00 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were retained by the Company in order to meet the tax withholding obligations of the reporting person in connection with the vesting of an installment of the restricted stock unit award. The Compensation Committee approved the disposition of shares by the reporting person and the amount retained by the Company was not in excess of the amount of the tax liability.
F2 Represents one tranche of a performance-based restricted stock award granted on October 18, 2019 for which a non-GAAP operating margin goal for the fiscal year ended October 29, 2022 was determined by the Compensation Committee to have been achieved on December 9, 2022. All of the stock units subject to this tranche vested on December 9, 2022.
F3 25% of the units vest on the date shown followed by three equal annual installments.