Form Type: 4

SEC EDGAR Link
Accession Number:0001199719-21-000116
Date:2021-12-09
Issuer: SYNOPSYS INC (SNPS)
Original Submission Date:

Reporting Person:

RUNKEL JOHN F JR
690 EAST MIDDLEFIELD ROAD
MOUNTAIN VIEW, CA 94043

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON STOCK 2021-12-09 A 1,482 a $0.00 23,309 direct
COMMON STOCK 2021-12-09 F 735 d $354.48 22,574 direct
COMMON STOCK 2021-12-09 M 1,175 a $0.00 23,749 direct
COMMON STOCK 2021-12-09 F 583 d $354.48 23,166 direct
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
NON-QUALIFIED STOCK OPTION (RIGHT TO BUY) 354.48 2021-12-09 deemed execution date A 5,858 (a) 2022-12-09 2028-12-09 common stock 5,858 $354.48 5,858 direct
RESTRICTED STOCK UNITS 0.0 2021-12-09 deemed execution date A 4,698 (a) 2021-12-09 2024-12-08 common stock 4,698 $0.00 6,459 direct
RESTRICTED STOCK UNITS 0.0 2021-12-09 deemed execution date D 1,175 (d) 2021-12-09 2024-12-08 common stock 1,175 $0.00 5,284 direct
RESTRICTED STOCK UNITS 0.0 2021-12-09 deemed execution date A 1,623 (a) 2022-12-08 2025-12-08 common stock 1,623 $0.00 1,623 direct
Footnotes
IDfootnote
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 grant to reporting person to buy shares of common stock under the synopsys, inc 2006 employee equity incentive plan.
f4 1/4 of the grant becomes exercisable one year after grant date with the remainder becoming exercisable in a series of 12 equal quarterly installments thereafter, subject to continued service through each vesting date.
f5 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.
f6 25% of the units vest on the date shown followed by three equal annual installments.
f7 the compensation committee of the board of directors approved a restricted stock unit grant under the synopsys, inc. 2006 employee equity incentive plan.
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