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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.