Janet Lee - 17 Jul 2025 Form 4/A - Amendment Insider Report for ANSYS INC (ANSS)

Reporting relationship: SVP, GC and Secretary
Issuer ticker: ANSS
Reported as of: 17 Jul 2025
Net transaction value: $0
SEC form: 4/A - Amendment
Accepted by SEC: 24 Jul 2025, 16:15:20 UTC
Original report date: 18 Jul 2025
Prior SEC filing: 04 Jun 2025
Next SEC filing: 03 Sep 2025
Source filing: View source filing
Reporting owner signature: /s/ Janet Lee

Key filing fact

Janet Lee filed Form 4/A - Amendment for ANSYS INC (ANSS) on 24 Jul 2025.

Key facts

This page summarizes Janet Lee's Form 4/A - Amendment filing for ANSYS INC (ANSS).
4 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 24 Jul 2025, 16:15.

Change

Previous filing in this sequence was filed on 04 Jun 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/A - Amendment disclosures.

View source filing

Reporting Owners (1)

CIK 0001711671 Primary reporting owner

LEE JANET

Relationship: SVP, GC and Secretary
Address: 2600 ANSYS DRIVE, CANONSBURG
Signature: /s/ Janet Lee
Signature date: 24 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: -20,824
Change %: -41%
Price
Shares after: 29,804
Date: 17 Jul 2025
Ownership: Direct
Footnotes: F1, F2, F3

ANSS transaction

Common Stock

Award

Transaction value: $0
Shares: +2,358
Change %: +7.9%
Price: $0.000000
Shares after: 32,162
Date: 17 Jul 2025
Ownership: Direct
Footnotes: F4

ANSS transaction

Common Stock

Disposed to Issuer

Transaction value
Shares: -7,746
Change %: -24%
Price
Shares after: 24,416
Date: 17 Jul 2025
Ownership: Direct
Footnotes: F5

ANSS transaction

Common Stock

Disposed to Issuer

Transaction value
Shares: -24,416
Change %: -100%
Price
Shares after: 0
Date: 17 Jul 2025
Ownership: Direct
Footnotes: F6

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

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

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

Explanation of responses 6 footnotes

Footnote F1

Upon further review of the Form 4 that was filed on July 18, 2025, it was determined that the number of shares of Issuer Common Stock that was reported as beneficially owned and disposed of by the Reporting Person was understated by 10,479 shares and the number of shares of Issuer Common Stock that was reported as underlying the unvested time-based restricted stock units ("RSUs") that were disposed of by the Reporting Person inadvertently included certain performance-based RSUs and was overstated by 5,388 shares. This amendment accurately reflects the Reporting Person's holdings and the transactions that occurred on July 17, 2025.

Footnote F2

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 F3

At the effective time of the Merger (the "Effective Time"), pursuant to the Merger Agreement, each Issuer 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 F4

Represents a deemed acquisition of shares of Issuer Common Stock underlying unvested performance-based RSUs (each, an "Issuer PSU") based on the attainment of the applicable performance metrics at the (i) actual level of performance for performance periods that lapsed in the ordinary course prior to the Effective Time or (ii) greater of the target or actual level of performance, as determined by the Issuer's board of directors or a committee thereof immediately prior to the Effective Time.

Footnote F5

At the Effective Time, pursuant to the Merger Agreement, each Issuer PSU was converted into a Converted RSU and is subject to the same terms and conditions as were applicable to such Issuer PSU prior to the Effective Time (excluding any performance-based vesting conditions).

Footnote F6

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.