Ajei Gopal - Jul 18, 2023 Form 4 Insider Report for ANSYS INC (ANSS)

Role
President and CEO, Director
Signature
Janet Lee, Attorney-in-Fact
Stock symbol
ANSS
Transactions as of
Jul 18, 2023
Transactions value $
-$6,209,442
Form type
4
Date filed
7/20/2023, 05:00 PM
Previous filing
Jun 13, 2023
Next filing
Oct 12, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ANSS Common Stock Options Exercise $1.26M +13.3K +6.2% $95.09 227K Jul 18, 2023 Direct
transaction ANSS Common Stock Sale -$4.64M -13.3K -5.84% $350.04 214K Jul 18, 2023 Direct F1, F2
transaction ANSS Common Stock Options Exercise $1.05M +11.1K +5.18% $95.09 225K Jul 19, 2023 Direct
transaction ANSS Common Stock Sale -$3.71M -10.6K -4.7% $350.15 214K Jul 19, 2023 Direct F1, F3
transaction ANSS Common Stock Sale -$176K -500 -0.23% $351.04 214K Jul 19, 2023 Direct F1, F4, F5

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 ANSS Option To Purchase Options Exercise $0 -13.3K -8.47% $0.00 143K Jul 18, 2023 Common Stock 13.3K $95.09 Direct F6
transaction ANSS Option to Purchase Options Exercise $0 -11.1K -7.73% $0.00 132K Jul 19, 2023 Common Stock 11.1K $95.09 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Pursuant to an effective Rule 10b5-1 plan.
F2 The trade was executed in a series of transactions with a price range of $350.00 to $350.23, inclusive. The reporting person undertakes to provide to ANSYS, Inc., any security holder of ANSYS, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F3 The trade was executed in a series of transactions with a price range of $350.00 to $350.84, inclusive. The reporting person undertakes to provide to ANSYS, Inc., any security holder of ANSYS, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F4 The trade was executed in a series of transactions with a price range of $351.00 to $351.17, inclusive. The reporting person undertakes to provide to ANSYS, Inc., any security holder of ANSYS, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F5 Includes 27,284 Deferred Stock Units and 71,129 Restricted Stock Units.
F6 The option grant of 208,882 shares granted on 08/31/2016 vested 25% annually in equal installments beginning on the first anniversary of the grant.