4//SEC Filing
ANSYS INC 4
Accession 0001214659-14-001835
CIK 0001013462operating
Filed
Mar 6, 7:00 PM ET
Accepted
Mar 7, 4:00 PM ET
Size
10.9 KB
Accession
0001214659-14-001835
Insider Transaction Report
Form 4
ANSYS INCANSS
Fredberg Joshua
VICE PRESIDENT, MARKETING
Transactions
- Award
Common Stock
2014-03-05+3,200→ 17,223 total - Award
Performance Restricted Stock Unit
2014-03-05+2,500→ 2,500 totalExercise: $0.00→ Common Stock (2,500 underlying) - Award
Performance Restricted Stock Unit
2014-03-05+2,500→ 2,500 totalExercise: $0.00→ Common Stock (2,500 underlying)
Footnotes (4)
- [F1]Represents restricted stock units (?Restricted Stock Units?) issued under the Issuer?s Fourth Amended and Restated 1996 Stock Option and Grant Plan. The Restricted Stock Units vest 25% annually in equal installments beginning on the first anniversary of the grant date.
- [F2]Includes 3,200 Restricted Stock Units.
- [F3]Each Performance Restricted Stock Unit (?Performance RSU?) represents a contingent right to receive, pursuant to the Issuer?s Second Amended and Restated Long-Term Incentive Plan, a distribution of the Issuer?s common stock equal to 0% to 150% of the reported target Performance RSUs based on the total shareholder return realized by the Issuer's stockholders, as measured against the percentage appreciation of the NASDAQ Composite Total Returns Index, during a three-year cumulative performance cycle (January 1, 2014 to December 31, 2016). All earned Performance RSUs will vest at the end of the three-year cumulative performance cycle, as well be determined at the first meeting of the Issuer?s compensation committee following December 31, 2016, provided the reporting person remains employed by the Issuer on such date.
- [F4]Each Performance Restricted Stock Unit (?Performance RSU?) represents a contingent right to receive, pursuant to the Issuer?s Fourth Amended and Restated 1996 Stock Option and Grant Plan, a distribution of the Issuer?s common stock equal to 0% to 150% of the reported target Performance RSUs based on the achievement of certain performance criteria, as will be determined at the first meeting of the Issuer?s compensation committee following each of December 31, 2014, December 31, 2015 and December 31, 2016, during a three-year cumulative performance cycle. All earned Performance RSUs will vest at the end of the three-year cumulative performance cycle, as well be determined at the first meeting of the Issuer?s compensation committee following December 31, 2016, provided the reporting person remains employed by the Issuer on such date.
Documents
Issuer
ANSYS INC
CIK 0001013462
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001013462
Filing Metadata
- Form type
- 4
- Filed
- Mar 6, 7:00 PM ET
- Accepted
- Mar 7, 4:00 PM ET
- Size
- 10.9 KB