SYNOPSYS INC 4

4 · SYNOPSYS INC · Filed Dec 19, 2016

Form 4

Period: 2016-12-15

CFO, Sr VP Finance

Transactions

Disposition to Issuer
Restricted Stock Units
2016-12-15−2,667→ 8,001 total
Exercise: $0.00From: 2016-12-15Exp: 2019-12-08→ Common Stock (2,667 underlying)
Tax Payment
Common Stock
2016-12-15$60.37/sh−1,392$84,035→ 41,280 total
Exercise/Conversion
Common Stock
2016-12-15+2,667→ 42,672 total
Award
Restricted Stock Units
2016-12-15+10,668→ 10,668 total
Exercise: $0.00From: 2016-12-15Exp: 2019-12-08→ Common Stock (10,668 underlying)

Footnotes (3)

[F1]These shares were retained by the Company in order to meet the tax withholding obligations of the award holder in connection with the vesting of an installment of the performance restricted stock unit award. The Compensation Committee approved the disposition of shares by the award holder and the amount retained by the Company was not in excess of the amount of the tax liability.
[F2]On 12/15/15 the Compensation Committee of the Board of Directors approved a Restricted Stock Unit grant value of $482,500, with the number of granted Restricted Stock Units to be determined by dividing that amount by the closing price of Synopsys common stock on the grant date. The vesting of such Restricted Stock Units was based on satisfaction of certain performance criteria for the fiscal year ending 10/29/16. The performance criteria were met.
[F3]25% of the units vest on the date shown followed by three equal annual installments.

Documents

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