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SYNOPSYS INC — Director's Dealing 2010
Mar 19, 2010
29855_dirs_2010-03-19_2353e08c-95a3-4bad-b673-2c0f84c178a5.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: 2010-03-15
Reporting Person: Naddaf Esfandiar (VP, Controller)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2010-03-15 | Common Stock | M | 1667 | — | Acquired | 2158 | Direct |
| 2010-03-15 | Common Stock | F | 729 | $22.65 | Disposed | 1429 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2010-03-15 | Restricted Stock Units | $0 | M | 1667 | Disposed | 2011-03-15 | Common Stock (1667) | Direct |
Footnotes
F1: Upon vesting, each restricted stock unit was converted into an equivalent number of shares of common stock.
F2: 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.
F3: 1/3 of the units vest on the date shown followed by two equal annual installments.