John F. Runkel Jr - Jun 10, 2024 Form 4 Insider Report for SYNOPSYS INC (SNPS)

Role
GC & Corporate Secretary
Signature
By: POA Pursuant Liz Ramirez For: John Frederick Runkel, Jr.
Stock symbol
SNPS
Transactions as of
Jun 10, 2024
Transactions value $
-$267,467
Form type
4
Date filed
6/12/2024, 10:54 AM
Previous filing
May 29, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction SNPS Common Stock Options Exercise $130 K +366 +1.83% $354.48 20.4 K Jun 10, 2024 Direct
transaction SNPS Common Stock Sale -$208 K -366 -1.8% $566.97 20 K Jun 10, 2024 Direct
transaction SNPS Common Stock Options Exercise $133 K +570 +2.85% $234.17 20.6 K Jun 10, 2024 Direct
transaction SNPS Common Stock Sale -$323 K -570 -2.77% $566.97 20 K Jun 10, 2024 Direct

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 Non-Qualified Stock Option (right to buy) Options Exercise $0 -570 -33.35% $0.00 1.14 K Jun 10, 2024 Common Stock 570 $234.17 Direct F1, F2
transaction SNPS Non-Qualified Stock Option (right to buy) Options Exercise $0 -366 -14.28% $0.00 2.2 K Jun 10, 2024 Common Stock 366 $354.48 Direct F1, F2

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan that was adopted September 29, 2023.
F2 1/4 of the grant becomes exercisable on the date shown with the remainder becoming exercisable in a series of 12 equal quarterly installments thereafter, subject to continued service through each vesting date.