Walter Hearn - 23 Dec 2024 Form 4 Insider Report for ANSYS INC (ANSS)

Signature
Janet Lee, Attorney-in-Fact
Issuer symbol
ANSS
Transactions as of
23 Dec 2024
Net transactions value
-$3,038,525
Form type
4
Filing time
26 Dec 2024, 18:00:08 UTC
Previous filing
04 Dec 2024
Next filing
14 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ANSS Common Stock Tax liability $3,038,525 -8,950 -23% $339.50 29,709 23 Dec 2024 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld for payment of taxes in connection with the vesting of time-based RSUs.
F2 Includes 10,589 time-based restricted share units ("RSUs") granted to the reporting person on each of March 3, 2022, June 1, 2022, March 3, 2023, and March 1, 2024, that were scheduled to vest on or before March 1, 2027. In connection with that certain Agreement and Plan of Merger entered into by and among the Issuer, Synopsys, Inc., a Delaware corporation ("Parent"), and ALTA Acquisition Corp., a Delaware corporation and wholly owned subsidiary of Parent, the Compensation Committee of the Board of Directors of the Issuer accelerated the vesting and settlement of such RSUs. The reporting person has signed a 280G Mitigation Acknowledgment as of December 23, 2024, and the accelerated RSUs remain subject to certain forfeiture conditions.
F3 Amount includes 5,565 RSUs.