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SYNOPSYS INC — Director's Dealing 2022
Dec 12, 2022
29855_dirs_2022-12-12_fb62e28d-6590-40c7-bfbd-06356510e19a.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: 2022-12-08
Reporting Person: Kankanwadi Sudhindra (Chief Accounting Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-12-08 | Common Stock | M | 940 | $0.0 | Acquired | 15079 | Direct |
| 2022-12-08 | Common Stock | F | 326 | $330.61 | Disposed | 14753 | Direct |
| 2022-12-08 | Common Stock | M | 690 | $0.0 | Acquired | 15443 | Direct |
| 2022-12-08 | Common Stock | F | 239 | $330.61 | Disposed | 15204 | Direct |
| 2022-12-08 | Common Stock | M | 881 | $0.0 | Acquired | 16085 | Direct |
| 2022-12-08 | Common Stock | F | 305 | $330.61 | Disposed | 15780 | Direct |
| 2022-12-08 | Common Stock | M | 741 | $0.0 | Acquired | 16521 | Direct |
| 2022-12-08 | Common Stock | F | 358 | $330.61 | Disposed | 16163 | Direct |
| 2022-12-09 | Common Stock | A | 1111 | $0.0 | Acquired | 17274 | Direct |
| 2022-12-09 | Common Stock | F | 551 | $325.75 | Disposed | 16723 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-12-08 | Restricted Stock Units | $0.0 | D | 940 | Disposed | 2022-12-08 | Common Stock (940) | Direct |
| 2022-12-08 | Restricted Stock Units | $0.0 | D | 690 | Disposed | 2023-12-08 | Common Stock (690) | Direct |
| 2022-12-08 | Restricted Stock Units | $0.0 | D | 881 | Disposed | 2024-12-08 | Common Stock (881) | Direct |
| 2022-12-08 | Restricted Stock Units | $0.0 | D | 741 | Disposed | 2025-12-08 | Common Stock (741) | Direct |
Footnotes
F1: These shares were retained by the Company in order to meet the tax withholding obligations of the reporting person in connection with the vesting of an installment of the restricted stock unit award. The Compensation Committee approved the disposition of shares by the reporting person and the amount retained by the Company was not in excess of the amount of the tax liability.
F2: Represents one tranche of a performance-based restricted stock award granted on October 18, 2019 for which a non-GAAP operating margin goal for the fiscal year ended October 29, 2022 was determined by the Compensation Committee to have been achieved on December 9, 2022. All of the stock units subject to this tranche vested on December 9, 2022.
F3: 25% of the units vest on the date shown followed by three equal annual installments.