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SYNOPSYS INC — Director's Dealing 2010
Dec 10, 2010
29855_dirs_2010-12-10_e1eeaa8b-db8d-4ef3-83fb-1268643b1d10.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: SYNOPSYS INC (SNPS)
CIK: 0000883241
Period of Report: 2010-12-08
Reporting Person: Naddaf Esfandiar (VP, Controller)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2010-12-08 | Common Stock | F | 413 | $26.58 | Disposed | 313 | Direct |
| 2010-12-08 | Common Stock | F | 303 | $26.58 | Disposed | 10 | Direct |
| 2010-12-08 | Common Stock | M | 825 | — | Acquired | 835 | Direct |
| 2010-12-08 | Common Stock | M | 1125 | — | Acquired | 1960 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2010-12-09 | Non-Qualified Stock Option (right to buy) | $26.56 | J | 12500 | Acquired | 2017-12-09 | Common Stock (12500) | Direct |
| 2010-12-08 | Restricted Stock Units | $0 | D | 1125 | Disposed | 2012-12-10 | Common Stock (1125) | Direct |
| 2010-12-08 | Restricted Stock Units | $0 | D | 825 | Disposed | 2013-12-08 | Common Stock (825) | Direct |
| 2010-12-09 | Restricted Stock Units | $0 | A | 4200 | Acquired | 2014-12-08 | Common Stock (4200) | Direct |
Footnotes
F1: These shares were retained by the Company in order to meet the tax withholding obligations of the award holder in connection with the vesting of an installment of the restricted stock unit award. The Compensation Committee approved the disposition of shares by the award holder and the amount retained by the Company was not in excess of the amount of the tax liability.
F2: Upon vesting, each restricted stock unit was converted into an equivalent number of shares of common stock.
F3: Grant to reporting person to buy shares of common stock under the Synopsys, Inc 2006 Employee Equity Incentive Plan
F4: Option vests in 16 equal quarterly installments beginning on the date shown.
F5: The restricted stock units vest in four equal annual installments beginning December 8, 2011.