Aart De Geus - Jun 24, 2024 Form 4 Insider Report for SYNOPSYS INC (SNPS)

Role
EXECUTIVE CHAIR, Director
Signature
By: POA Pursuant Liz Ramirez For: Aart de Geus
Stock symbol
SNPS
Transactions as of
Jun 24, 2024
Transactions value $
-$3,445,301
Form type
4
Date filed
6/26/2024, 10:40 AM
Previous filing
Mar 19, 2024
Next filing
Jun 28, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction SNPS Common Stock +Options Exercise $227,542 +2,535 +2.37% $89.76 109,518 Jun 24, 2024 Direct
transaction SNPS Common Stock -Sell -$1,523,498 -2,535 -2.31% $600.99 106,983 Jun 24, 2024 Direct F1
transaction SNPS Common Stock +Options Exercise $378,069 +4,212 +3.94% $89.76 111,195 Jun 25, 2024 Direct
transaction SNPS Common Stock -Sell -$2,527,414 -4,212 -3.79% $600.05 106,983 Jun 25, 2024 Direct F2
holding SNPS Common Stock 122,226 Jun 24, 2024 by Family Trust
holding SNPS Common Stock 14,500 Jun 24, 2024 by Partnership
holding SNPS Common Stock 186,551 Jun 24, 2024 by Separate Prop Tr

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) -Options Exercise $0 -2,535 -2.42% $0.00 102,111 Jun 24, 2024 Common Stock 2,535 $89.76 Direct F3
transaction SNPS Non-Qualified Stock Option (right to buy) -Options Exercise $0 -4,212 -4.12% $0.00 97,899 Jun 25, 2024 Common Stock 4,212 $89.76 Direct F3

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 Represents a weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from $600.000 to $602.655. The Reporting Person has provided to the Issuer, and undertakes to provide to the staff of the Securities and Exchange Commission or any security holder of the Issuer, upon request, full information regarding the number of shares purchased at each separate price within the range.
F2 Represents a weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from $600.00 to $600.28 The Reporting Person has provided to the Issuer, and undertakes to provide to the staff of the Securities and Exchange Commission or any security holder of the Issuer, upon request, full information regarding the number of shares purchased at each separate price within the range.
F3 The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan that was adopted March 25, 2024.