Sudhindra Kankanwadi - Dec 12, 2023 Form 4 Insider Report for SYNOPSYS INC (SNPS)

Role
Chief Accounting Officer
Signature
By: POA Pursuant Liz Ramirez For: Sudhindra Kankanwadi
Stock symbol
SNPS
Transactions as of
Dec 12, 2023
Transactions value $
$0
Form type
4
Date filed
12/14/2023, 03:53 PM
Previous filing
Dec 12, 2023
Next filing
Mar 4, 2024

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 Non-Qualified Stock Option (right to buy) Award $0 +2.33K $0.00 2.33K Dec 12, 2023 Common Stock 2.33K $567.06 Direct F1, F2
transaction SNPS Restricted Stock Units Award $0 +2.25K $0.00 2.25K Dec 12, 2023 Common Stock 2.25K $0.00 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Grant to reporting person to buy shares of common stock under the Synopsys, Inc 2006 Employee Equity Incentive Plan.
F2 1/4 of the grant becomes exercisable on the date shown with the remainder becoming exercisable in a series of 12 equal quarterly installments thereafter, subject to continued service through each vesting date.
F3 The Compensation Committee of the Board of Directors approved a restricted stock unit grant under the Synopsys, Inc. 2006 Employee Equity Incentive Plan.
F4 25% of the units vest on the date shown followed by three equal annual installments, subject to continued service through each vesting date.