4//SEC Filing
ZACK MATTHEW C. 4
Accession 0001214659-20-001587
CIK 0001013462other
Filed
Feb 17, 7:00 PM ET
Accepted
Feb 18, 7:05 PM ET
Size
16.8 KB
Accession
0001214659-20-001587
Insider Transaction Report
Form 4
ANSYS INCANSS
ZACK MATTHEW C.
VP, Marketing/Corp Development
Transactions
- Exercise/Conversion
Common Stock
2020-02-13+8,888→ 25,141 total - Award
Common Stock
2020-02-13+2,016→ 26,210 total - Exercise/Conversion
Performance Restricted Stock Unit
2020-02-13−6,838→ 0 totalExercise: $0.00→ Common Stock (6,838 underlying) - Tax Payment
Common Stock
2020-02-13$291.68/sh−3,370$982,962→ 21,771 total - Award
Common Stock
2020-02-13+2,350→ 24,121 total - Exercise/Conversion
Performance Restricted Stock Unit
2020-02-13−2,050→ 0 totalExercise: $0.00→ Common Stock (2,050 underlying)
Footnotes (8)
- [F1]Shares earned upon vesting and settlement of Performance Restricted Stock Units ("Performance RSUs") awarded March 5, 2017, upon certification of performance results by the Compensation Committee based on the achievement of (i) certain operational performance criteria for the year ended December 31, 2019, and (ii) total shareholder return realized by the Issuer's stockholders, as measured against the percentage appreciation in the NASDAQ Composite Index, during a three-year cumulative performance cycle.
- [F2]Shares withheld for payment of taxes in connection with the vesting and settlement of Performance Restricted Stock Units described in footnote 1 above.
- [F3]Represents the number of Performance Restricted Stock Units earned under the Performance Restricted Stock Unit Award granted March 3, 2018, upon certification of performance results by the Compensation Committee at 175% of target for the annual period ended December 31, 2019. The earned Performance Restricted Stock Units will settle at the end of the performance period on December 31, 2020, upon certification by the Compensation Committee and subject to continued employment.
- [F4]Represents the number of Performance Restricted Stock Units earned under the Performance Restricted Stock Unit Award granted March 3, 2019, upon certification of performance results by the Compensation Committee at 175% of target for the annual period ended December 31, 2019. The earned Performance Restricted Stock Units will settle at the end of the performance period on December 31, 2021, upon certification by the Compensation Committee and subject to continued employment.
- [F5]Includes 18,146 Restricted Stock Units, as well as 73 shares acquired under the ANSYS Employee Stock Purchase Plan.
- [F6]Represents a contingent right to receive shares of ANSYS common stock upon vesting and settlement of Performance RSUs earned for the period ending December 31, 2019 based on the achievement of certain operational performance criteria, in accordance with the award granted pursuant to the Issuer's Fifth Amended and Restated 1996 Stock and Option Grant Plan (the "Plan") on March 5, 2017. Under the award, prior amounts were earned and separately reported for each of the periods ending December 31, 2017 and 2018. All earned Performance RSUs for the three-year period vested on the applicable vesting date. See footnote 1 for additional details.
- [F7]Under the terms of the award, shares earned upon the vesting and settlement of the earned Performance Restricted Stock Units may be in excess of the amount reported on March 5, 2017, depending on the target levels achieved. See footnote 1 for additional information.
- [F8]Each Performance RSU represents a right to receive, pursuant to the 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 in the NASDAQ Composite Index, during a three-year cumulative performance cycle (January 1, 2017 to December 31, 2019).
Documents
Issuer
ANSYS INC
CIK 0001013462
Entity typeother
Related Parties
1- filerCIK 0001704333
Filing Metadata
- Form type
- 4
- Filed
- Feb 17, 7:00 PM ET
- Accepted
- Feb 18, 7:05 PM ET
- Size
- 16.8 KB