Ajei Gopal - Nov 14, 2023 Form 4 Insider Report for ANSYS INC (ANSS)

Signature
Janet Lee, Attorney-in-Fact
Stock symbol
ANSS
Transactions as of
Nov 14, 2023
Transactions value $
-$1,943,811
Form type
4
Date filed
11/16/2023, 04:52 PM
Previous filing
Oct 12, 2023
Next filing
Feb 16, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ANSS Common Stock Options Exercise $910K +9.57K +4.47% $95.09 224K Nov 14, 2023 Direct
transaction ANSS Common Stock Sale -$2.85M -9.57K -4.28% $298.29 214K Nov 14, 2023 Direct F1, F2

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 -9.57K -9.42% $0.00 92K Nov 14, 2023 Common Stock 9.57K $95.09 Direct F3
* 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 Includes 27,284 Deferred Stock Units and 71,129 Restricted Stock Units.
F3 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.