Rachel Pyles - 17 Jul 2025 Form 4 Insider Report for ANSYS INC (ANSS)

Reporting relationship: Chief Financial Officer
Issuer ticker: ANSS
Reported as of: 17 Jul 2025
Net transaction value: $0
SEC form: 4
Accepted by SEC: 18 Jul 2025, 18:00:08 UTC
Prior SEC filing: 19 Feb 2025
Next SEC filing: 12 Mar 2026
Source filing: View source filing
Reporting owner signature: /s/ Janet Lee, Attorney-in-Fact

Key filing fact

Rachel Pyles filed Form 4 for ANSYS INC (ANSS) on 18 Jul 2025.

Key facts

This page summarizes Rachel Pyles's Form 4 filing for ANSYS INC (ANSS).
2 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 18 Jul 2025, 18:00.

Change

Previous filing in this sequence was filed on 19 Feb 2025.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0002012377 Primary reporting owner

Pyles Rachel

Relationship: Chief Financial Officer
Address: 2600 ANSYS DRIVE, CANONSBURG
Signature: /s/ Janet Lee, Attorney-in-Fact
Signature date: 18 Jul 2025

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

ANSS transaction

Common Stock

Disposed to Issuer

Transaction value
Shares: -16,844
Change %: -66%
Price
Shares after: 8,559
Date: 17 Jul 2025
Ownership: Direct
Footnotes: F1, F2

ANSS transaction

Common Stock

Disposed to Issuer

Transaction value
Shares: -8,559
Change %: -100%
Price
Shares after: 0
Date: 17 Jul 2025
Ownership: Direct
Footnotes: F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Rachel Pyles is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 3 footnotes

Footnote F1

On July 17, 2025, pursuant to that certain Agreement and Plan of Merger (the "Merger Agreement"), dated January 15, 2024, by and among Synopsys, Inc., a Delaware corporation ("Parent"), ALTA Acquisition Corp., a Delaware corporation and a wholly owned subsidiary of Parent, and the Issuer, the Issuer became a wholly owned subsidiary of Parent (the "Merger").

Footnote F2

At the effective time of the Merger (the "Effective Time"), pursuant to the Merger Agreement, each Issuer restricted stock unit ("RSU") outstanding and unvested immediately prior to the Effective Time and held by a person who is not a non-employee director of the Issuer was converted into that number of Parent RSUs, rounded to the nearest whole share, equal to the product of (i) the number of shares of Issuer Common Stock subject to such Issuer RSU, including any accrued but unpaid dividend equivalents thereon, multiplied by (ii) the Conversion Ratio (as defined in the Merger Agreement) (each such assumed Issuer RSU, as so adjusted, a "Converted RSU"). Any Converted RSU is subject to the same terms and conditions as were applicable to such Issuer RSU prior to the Effective Time.

Footnote F3

At the Effective Time, pursuant to the Merger Agreement and subject to certain exceptions, each share of Issuer Common Stock outstanding immediately prior to the Effective Time was converted into the right to receive (i) 0.3399 of a share of Parent Common Stock and (ii) $199.91 in cash, without interest.