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SYNOPSYS INC — Director's Dealing 2017
Jun 16, 2017
29855_dirs_2017-06-16_60475bc6-9a49-4d95-b403-3ab4898b9fa5.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: 2017-06-15
Reporting Person: Pham Trac (CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-06-15 | Common Stock | M | 1375 | $0.0 | Acquired | 13726 | Direct |
| 2017-06-15 | Common Stock | F | 718 | $74.02 | Disposed | 13008 | Direct |
| 2017-06-15 | Common Stock | M | 1439 | $0.0 | Acquired | 14447 | Direct |
| 2017-06-15 | Common Stock | F | 751 | $74.02 | Disposed | 13696 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-06-15 | Restricted Stock Units | $0.0 | D | 1375 | Disposed | 2017-06-15 | Common Stock (1375) | Direct |
| 2017-06-15 | Restricted Stock Units | $0.0 | D | 1439 | Disposed | 2018-06-15 | Common Stock (1439) | 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: The restricted stock units vested as to 25% of the total shares on 6/15/14 and the remaining 75% vest in three equal annual installments thereafter, subject to continued service through each vesting date.
F3: The restricted stock units will vest as to 25% of the total shares on 6/15/15 and the remaining 75% vest in three equal annual installments thereafter, subject to continued service through each vesting date.