4//SEC Filing
CHAN CHI-FOON 4
Accession 0001199719-21-000113
CIK 0000883241other
Filed
Dec 12, 7:00 PM ET
Accepted
Dec 13, 4:36 PM ET
Size
13.9 KB
Accession
0001199719-21-000113
Insider Transaction Report
Form 4
SYNOPSYS INCSNPS
CHAN CHI-FOON
DirectorPres & COO
Transactions
- Tax Payment
Common Stock
2021-12-09$354.48/sh−4,088$1,449,114→ 165,769 total - Award
Restricted Stock Units
2021-12-09+14,947→ 20,552 totalExercise: $0.00From: 2021-12-09Exp: 2024-12-08→ Common Stock (14,947 underlying) - Disposition to Issuer
Restricted Stock Units
2021-12-09−3,737→ 16,815 totalExercise: $0.00From: 2021-12-09Exp: 2024-12-08→ Common Stock (3,737 underlying) - Award
Common Stock
2021-12-09+8,244→ 169,857 total - Tax Payment
Common Stock
2021-12-09$354.48/sh−1,853$656,851→ 167,653 total - Exercise/Conversion
Common Stock
2021-12-09+3,737→ 169,506 total
Footnotes (4)
- [F1]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 30, 2021 was determined by the Compensation Committee to have been achieved on December 9, 2021. All of the stock units subject to this tranche vested on December 9, 2021.
- [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 performance-based 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]Represents a performance-based restricted stock unit award granted on December 10, 2020 for which a non-GAAP net income goal for the fiscal year ended October 30, 2021 was determined by the Compensation Committee to have been achieved on December 9, 2021 and are reflected in Table 1, and the remaining 75% will vest in three equal annual installments beginning on December 8, 2022, subject to continue service through each vesting date.
- [F4]25% of the units vest on the date shown followed by three equal annual installments.
Documents
Issuer
SYNOPSYS INC
CIK 0000883241
Entity typeother
Related Parties
1- filerCIK 0001249834
Filing Metadata
- Form type
- 4
- Filed
- Dec 12, 7:00 PM ET
- Accepted
- Dec 13, 4:36 PM ET
- Size
- 13.9 KB