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SYNOPSYS INC — Director's Dealing 2011
Dec 23, 2011
29855_dirs_2011-12-23_71c8840b-fc9b-4b7a-b7df-3d1737c176cf.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: 2011-12-23
Reporting Person: CHAN CHI-FOON (Director, Pres & COO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-12-23 | Common Stock | M | 11000 | $0.00 | Acquired | 167815 | Direct |
| 2011-12-23 | Common Stock | F | 5135 | $27.32 | Disposed | 162680 | Direct |
| 2011-12-23 | Common Stock | M | 10825 | $0.00 | Acquired | 173505 | Direct |
| 2011-12-23 | Common Stock | F | 5054 | $27.32 | Disposed | 168451 | Direct |
| 2011-12-23 | Common Stock | M | 10000 | $0.00 | Acquired | 178451 | Direct |
| 2011-12-23 | Common Stock | F | 4668 | $27.32 | Disposed | 173783 | Direct |
| 2011-12-23 | Common Stock | M | 9575 | $0.00 | Acquired | 183358 | Direct |
| 2011-12-23 | Common Stock | F | 4470 | $27.32 | Disposed | 178888 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2011-12-23 | Restricted Stock Units | $0.00 | D | 11000 | Disposed | 2011-12-23 | Common Stock (11000) | Direct |
| 2011-12-23 | Restricted Stock Units | $0.00 | D | 10825 | Disposed | 2012-12-08 | Common Stock (10825) | Direct |
| 2011-12-23 | Restricted Stock Units | $0.00 | D | 10000 | Disposed | 2013-12-08 | Common Stock (10000) | Direct |
| 2011-12-23 | Restricted Stock Units | $0.00 | D | 9575 | Disposed | 2014-12-08 | Common Stock (9575) | Direct |
Footnotes
F1: Upon vesting, each restricted stock unit was converted into an equivalent number of shares of common stock of Synopsys, Inc.
F2: These shares were retained by Synopsys, Inc. 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 of Synopsys, Inc.'s Board of Directors approved the disposition of shares by the award holder and the amount retained by Synopsys, Inc. was not in excess of the amount of the tax liability.
F3: 25% of the units vest on the date shown, followed by three equal annual installments vesting on December 8 of each year.