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SYNOPSYS INC — Director's Dealing 2024
Dec 10, 2024
29855_dirs_2024-12-10_1954349d-124b-480a-a86b-d279dfbb0bad.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: 2024-12-06
Reporting Person: Glaser Shelagh (CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-12-06 | Common Stock | M | 6732 | $0.0 | Acquired | 15780 | Direct |
| 2024-12-06 | Common Stock | F | 3338 | $517.28 | Disposed | 12442 | Direct |
| 2024-12-06 | Common Stock | M | 3590 | $0.0 | Acquired | 16032 | Direct |
| 2024-12-06 | Common Stock | F | 1619 | $517.28 | Disposed | 14413 | Direct |
| 2024-12-06 | Common Stock | M | 662 | $0.0 | Acquired | 15075 | Direct |
| 2024-12-06 | Common Stock | F | 329 | $517.28 | Disposed | 14746 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-12-06 | Restricted Stock Units | $0.0 | M | 3590 | Disposed | 2026-12-08 | Common Stock (3590) | Direct |
| 2024-12-06 | Restricted Stock Units | $0.0 | M | 662 | Disposed | 2027-12-08 | Common Stock (662) | Direct |
| 2024-12-06 | Restricted Stock Units | $ | M | 6732 | Disposed | Common Stock (6732) | Direct |
Footnotes
F1: Each stock unit converts into one share of Synopsys common stock.
F2: 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.
F3: 25% of the units vest on the date shown followed by three equal annual installments, subject to continued service through each vesting date.
F4: Represents the vesting on December 8, 2024 of 50% of earned stock units of a performance-based restricted stock unit award that was granted on December 2, 2022 for which the Compensation Committee of Synopsys' Board of Directors certified the level of achievement against certain performance goals on December 12, 2023.