Richard S. Mahoney - 15 Jun 2023 Form 4 Insider Report for SYNOPSYS INC (SNPS)

Role
Chief Revenue Officer
Signature
By: POA Pursuant Liz Ramirez For: Richard Mahoney
Issuer symbol
SNPS
Transactions as of
15 Jun 2023
Net transactions value
-$7,780,742
Form type
4
Filing time
20 Jun 2023, 11:25:34 UTC
Previous filing
02 Mar 2023
Next filing
05 Sep 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNPS Common Stock Options Exercise $0 +7,833 +22380% $0.000000 7,868 15 Jun 2023 Direct
transaction SNPS Common Stock Tax liability $1,373,034 -3,076 -39% $446.37 4,792 15 Jun 2023 Direct F1
transaction SNPS Common Stock Options Exercise $0 +11,592 +242% $0.000000 16,384 15 Jun 2023 Direct
transaction SNPS Common Stock Tax liability $2,253,722 -5,049 -31% $446.37 11,335 15 Jun 2023 Direct F1
transaction SNPS Common Stock Sale $4,153,986 -9,257 -82% $448.74 2,078 16 Jun 2023 Direct

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 SNPS Restricted Stock Units Disposed to Issuer $0 -11,592 -100% $0.000000* 0 15 Jun 2023 Common Stock 11,592 $0.000000 Direct
transaction SNPS Restricted Stock Units Disposed to Issuer $0 -7,833 -25% $0.000000 23,496 15 Jun 2023 Common Stock 7,833 $0.000000 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were retained by the Company in order to meet the tax withholding obligations of the reporting person in connection with the vesting of an installment of the restricted stock unit award. The Compensation Committee approved the disposition of shares by the reporting person and the amount retained by the Company was not in excess of the amount of the tax liability.
F2 25% of the units vest on the date shown followed by three equal annual installments, subject to continued service through each vesting date.