Barbara Vaughn Scherer - May 25, 2023 Form 4 Insider Report for ANSYS INC (ANSS)

Role
Director
Signature
Janet Lee, Attorney-in-Fact
Stock symbol
ANSS
Transactions as of
May 25, 2023
Transactions value $
-$619,609
Form type
4
Date filed
5/30/2023, 05:30 PM
Previous filing
May 19, 2023
Next filing
Jun 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ANSS Common Stock Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities -$369K -1.2K -10.28% $306.33 10.5K May 25, 2023 Direct F1, F2
transaction ANSS Common Stock Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities -$251K -797 -7.59% $315.05 9.71K May 26, 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Deferred Stock Unit (DSU) is a share of phantom stock that is the economic equivalent of one share of ANSYS common stock. Pursuant to the ANSYS Non-Employee Director Deferred Compensation Plan (the "Plan"), certain non-employee directors are permitted to transfer the fair market value of certain vested but not yet settled DSUs to alternative investment accounts. The reported transaction represents the Director's election to transfer the number of DSUs above to an alternative investment account in accordance with the Plan. The settlement of the deferred account is the same as the DSUs, meaning that the account is settled only when the Director retires or otherwise leaves the Board.
F2 Includes 6,017 Deferred Stock Units and 967 Restricted Stock Units.