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SYNOPSYS INC Director's Dealing 2018

Dec 14, 2018

29855_dirs_2018-12-14_0f645ecd-fe81-46c6-8590-f6d0124a0a73.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: 2018-12-12

Reporting Person: Kankanwadi Sudhindra (VP and Corporate Controller)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2018-12-12 Non-Qualified Stock Option (right to buy) $89.76 A 15873 Acquired 2025-12-12 Common Stock (15873) Direct
2018-12-12 Restricted Stock Units $0.0 A 3760 Acquired 2022-12-08 Common Stock (3760) Direct

Footnotes

F1: Grant to reporting person to buy shares of common stock under the Synopsys, Inc 2006 Employee Equity Incentive Plan. The Compensation Committee of the Board of Directors approved an option grant value of $337,500, with the number of shares subject to the option to be determined by dividing that amount by the fair value of an option to acquire a share of Synopsys common stock on the grant date using the Black-Scholes option pricing model.

F2: 1/4 of the grant becomes exercisable one year after grant date with the remainder becoming exercisable in a series of 12 equal quarterly installments thereafter.

F3: The Compensation Committee of the Board of Directors approved a restricted stock unit grant value of $337,500, with the number of restricted stock units to be determined by dividing that amount by the closing price of Synopsys common stock on the grant date.

F4: 25% of the units vest on the date shown followed by three equal annual installments.