Richard S. Mahoney - 18 Jun 2024 Form 4 Insider Report for SYNOPSYS INC (SNPS)

Signature
By: POA Pursuant Liz Ramirez For: Richard Mahoney
Issuer symbol
SNPS
Transactions as of
18 Jun 2024
Net transactions value
-$2,027,436
Form type
4
Filing time
21 Jun 2024, 11:25:44 UTC
Previous filing
18 Jun 2024
Next filing
04 Sep 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNPS Common Stock Sale $2,027,436 -3,316 -50% $611.41 3,265 18 Jun 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan that was adopted September 13, 2023.