Shelagh Glaser - Dec 8, 2023 Form 4 Insider Report for SYNOPSYS INC (SNPS)

Role
CFO
Signature
By: POA Pursuant Liz Ramirez For: Shelagh Glaser
Stock symbol
SNPS
Transactions as of
Dec 8, 2023
Transactions value $
-$954,491
Form type
4
Date filed
12/12/2023, 10:49 AM
Previous filing
Sep 5, 2023
Next filing
Dec 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction SNPS Common Stock +Options Exercise $0 +3,591 +110.02% $0.00 6,855 Dec 8, 2023 Direct
transaction SNPS Common Stock -Tax liability -$954,491 -1,781 -25.98% $535.93 5,074 Dec 8, 2023 Direct F1

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 -3,591 -25.01% $0.00 10,770 Dec 8, 2023 Common Stock 3,591 $0.00 Direct F2

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.