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SYNOPSYS INC Director's Dealing 2020

Aug 25, 2020

29855_dirs_2020-08-25_6c7170ab-4dcb-4e1b-9026-4122f8a02dac.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: 2020-08-21

Reporting Person: Kankanwadi Sudhindra (Senior VP, Finance & CAO)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2020-08-21 Non-Qualified Stock Option (right to buy) $213.1 A 1876 Acquired 2027-08-21 Common Stock (1876) Direct
2020-08-21 Restricted Stock Units $0.0 A 1408 Acquired 2023-09-15 Common Stock (1408) 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 $100,000, 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, subject to continued service through each vesting date.

F3: The Compensation Committee of the Board of Directors approved a restricted stock unit grant value of $300,000, 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: 1/3 of the units vest on the date shown followed by two equal annual installments, subject to continued service through each vesting date.