Richard Mahoney - Dec 6, 2024 Form 4 Insider Report for SYNOPSYS INC (SNPS)

Role
Chief Revenue Officer
Signature
By: POA Pursuant Liz Ramirez For: Richard Mahoney
Stock symbol
SNPS
Transactions as of
Dec 6, 2024
Transactions value $
-$1,802,721
Form type
4
Date filed
12/10/2024, 11:54 AM
Previous filing
Sep 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNPS Common Stock Options Exercise $0 +658 +20.02% $0.00 3.95K Dec 6, 2024 Direct F1
transaction SNPS Common Stock Tax liability -$148K -287 -7.28% $517.28 3.66K Dec 6, 2024 Direct F2
transaction SNPS Common Stock Options Exercise $0 +7.34K +200.74% $0.00 11K Dec 6, 2024 Direct F1
transaction SNPS Common Stock Tax liability -$1.65M -3.2K -29.07% $517.28 7.8K Dec 6, 2024 Direct F2

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 Options Exercise $0 -658 -25% $0.00 1.97K Dec 6, 2024 Common Stock 658 $0.00 Direct F1, F3
transaction SNPS Restricted Stock Units Options Exercise $0 -7.34K -100% $0.00 0 Dec 6, 2024 Common Stock 7.34K Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each stock unit converts into one share of Synopsys common stock.
F2 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.
F3 25% of the units vest on the date shown followed by three equal annual installments, subject to continued service through each vesting date.
F4 Represents the vesting on December 8, 2024 of 50% of earned stock units of a performance-based restricted stock unit award that was granted on December 2, 2022 for which the Compensation Committee of Synopsys' Board of Directors certified the level of achievement against certain performance goals on December 12, 2023.