Walter Hearn - Feb 14, 2024 Form 4 Insider Report for ANSYS INC (ANSS)

Signature
Janet Lee, Attorney-in-Fact
Stock symbol
ANSS
Transactions as of
Feb 14, 2024
Transactions value $
-$313,170
Form type
4
Date filed
2/16/2024, 05:00 PM
Previous filing
Jun 2, 2023
Next filing
Mar 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ANSS Common Stock Award $0 +712 +3.53% $0.00 20.9K Feb 14, 2024 Direct F1
transaction ANSS Common Stock Award $0 +4.6K +22.05% $0.00 25.5K Feb 14, 2024 Direct F2
transaction ANSS Common Stock Award $0 +4.16K +16.33% $0.00 29.6K Feb 14, 2024 Direct F3
transaction ANSS Common Stock Tax liability -$313K -949 -3.2% $330.00 28.7K Feb 14, 2024 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares earned upon vesting and settlement of Performance Restricted Stock Units ("Performance RSUs") awarded March 3, 2021, upon certification of performance results by the Compensation Committee for the annual period ended December 31, 2023.
F2 Represents the number of Performance RSUs earned under the Performance RSU Award granted March 3, 2022, upon certification of performance results by the Compensation Committee at 200% of target for the annual period ended December 31, 2023. The earned Performance RSUs will settle at the end of the performance period on December 31, 2024, upon certification by the Compensation Committee and subject to continued employment.
F3 Represents the number of Performance RSUs earned under the Performance RSU Award granted March 3, 2023, upon certification of performance results by the Compensation Committee at 200% of target for the annual period ended December 31, 2023. The earned Performance RSUs will settle at the end of the performance period on December 31, 2025, upon certification by the Compensation Committee and subject to continued employment.
F4 Shares withheld for payment of taxes in connection with the earning and/or vesting and settlement of the Performance RSUs reflected in this filing.
F5 Includes 19,568 Restricted Stock Units.