Aart De Geus - Mar 15, 2024 Form 4 Insider Report for SYNOPSYS INC (SNPS)

Signature
By: POA Pursuant Liz Ramirez For: Aart de Geus
Stock symbol
SNPS
Transactions as of
Mar 15, 2024
Transactions value $
-$335,518
Form type
4
Date filed
3/19/2024, 12:36 PM
Previous filing
Mar 11, 2024
Next filing
Jun 26, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNPS Common Stock Options Exercise $0 +1.76K +1.67% $0.00 108K Mar 15, 2024 Direct
transaction SNPS Common Stock Tax liability -$336K -610 -0.57% $550.03 107K Mar 15, 2024 Direct F1
holding SNPS Common Stock 122K Mar 15, 2024 by Family Trust
holding SNPS Common Stock 14.5K Mar 15, 2024 by Partnership
holding SNPS Common Stock 187K Mar 15, 2024 by Separate Prop Tr

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SNPS Restricted Stock Units Disposed to Issuer $0 -1.76K -25.01% $0.00 5.29K Mar 15, 2024 Common Stock 1.76K $0.00 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 25% of the units vest on the date shown followed by three equal annual installments, subject to continued service through each vesting date.