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SYNOPSYS INC — Director's Dealing 2010
Dec 7, 2010
29855_dirs_2010-12-07_be9aedad-ce5a-4e18-afbb-d82a5dd48dcc.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: 2010-12-03
Reporting Person: DE GEUS AART (Director, Chairman of the Board & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2010-12-03 | Common Stock | F | 7100 | $26.25 | Disposed | 438227 | Direct |
| 2010-12-03 | Common Stock | M | 15209 | — | Acquired | 453436 | Direct |
| 2010-12-03 | Common Stock | M | 54000 | $23.72 | Acquired | 507436 | Direct |
| 2010-12-03 | Common Stock | S | 54000 | $26.2173 | Disposed | 453436 | Direct |
| 2010-12-04 | Common Stock | F | 9803 | $26.25 | Disposed | 443633 | Direct |
| 2010-12-04 | Common Stock | M | 21000 | — | Acquired | 464633 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2010-12-03 | Non-Qualified Stock Option (right to buy) | $23.72 | M | 54000 | Disposed | 2011-08-28 | Common Stock (54000) | Direct |
| 2010-12-04 | Restricted Stock Units | $0 | D | 21000 | Disposed | 2011-12-10 | Common Stock (21000) | Direct |
| 2010-12-03 | Restricted Stock Units | $0 | D | 15209 | Disposed | 2013-12-08 | Common Stock (15209) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 22000 | Indirect |
| Common Stock | 200767 | Indirect |
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 performance 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: Reporting person disclaims beneficial ownership by spouse
F4: 74,233 shares previously contributed to a grantor attained annuity trust were returned to the reporting person on September 28, 2010.
F5: The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.