Statement of Changes in Beneficial Ownership (4)
August 25 2020 - 02:43PM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5
obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL
OWNERSHIP OF SECURITIES
|
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Filed pursuant to Section 16(a) of the
Securities Exchange Act of 1934 or Section 30(h) of the Investment
Company Act of 1940
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|
1. Name
and Address of Reporting Person * Kankanwadi
Sudhindra |
2. Issuer Name and Ticker or Trading
Symbol SYNOPSYS INC [ SNPS ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)_____
Director _____
10% Owner
__X__ Officer (give title
below) _____ Other
(specify below)
Senior VP, Finance & CAO |
(Last)
(First)
(Middle)
690 EAST MIDDLEFIELD ROAD |
3. Date of Earliest Transaction (MM/DD/YYYY)
8/21/2020
|
(Street)
MOUNTAIN VIEW, CA 94043
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
|
6. Individual or Joint/Group Filing
(Check Applicable Line) _X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person |
Table I - Non-Derivative Securities Acquired, Disposed of, or
Beneficially Owned
|
1.Title of Security
(Instr. 3) |
2. Trans. Date |
2A. Deemed Execution Date, if any |
3. Trans. Code
(Instr. 8) |
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) |
5. Amount of Securities Beneficially Owned Following
Reported Transaction(s)
(Instr. 3 and 4) |
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4) |
7. Nature of Indirect Beneficial Ownership (Instr.
4) |
Code |
V |
Amount |
(A) or (D) |
Price |
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible
securities)
|
1. Title of Derivate Security
(Instr. 3) |
2. Conversion or Exercise Price of Derivative
Security |
3. Trans. Date |
3A. Deemed Execution Date, if any |
4. Trans. Code
(Instr. 8) |
5. Number of Derivative Securities Acquired (A) or
Disposed of (D)
(Instr. 3, 4 and 5) |
6. Date Exercisable and Expiration Date |
7. Title and Amount of Securities Underlying
Derivative Security
(Instr. 3 and 4) |
8. Price of Derivative Security
(Instr. 5) |
9. Number of derivative Securities Beneficially
Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct
(D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr.
4) |
Code |
V |
(A) |
(D) |
Date Exercisable |
Expiration Date |
Title |
Amount or Number of Shares |
Non-Qualified Stock Option (right to
buy) |
$213.1 |
8/21/2020 |
|
A (1) |
|
1876 |
|
8/21/2021 (2) |
8/21/2027 |
Common Stock |
1876 |
$0.0 |
1876 |
D |
|
Restricted Stock Units |
$0.0 |
8/21/2020 |
|
A (3) |
|
1408 |
|
9/15/2021 (4) |
9/15/2023 |
Common Stock |
1408 |
$0.0 |
1408 |
D |
|
Explanation of
Responses: |
(1) |
Grant to reporting person to
buy shares of common stock under the Synopsys, Inc 2006 Employee
Equity Incentive Plan. The Compensation Committee of the Board of
Directors approved an option grant value of $100,000, with the
number of shares subject to the option to be determined by dividing
that amount by the fair value of an option to acquire a share of
Synopsys common stock on the grant date using the Black-Scholes
option pricing model. |
(2) |
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. |
(3) |
The Compensation Committee
of the Board of Directors approved a restricted stock unit grant
value of $300,000, with the number of restricted stock units to be
determined by dividing that amount by the closing price of Synopsys
common stock on the grant date. |
(4) |
1/3 of the units vest on the
date shown followed by two equal annual installments, subject to
continued service through each vesting date. |
Reporting
Owners
|
Reporting Owner Name / Address |
Relationships
|
Director |
10% Owner |
Officer |
Other |
Kankanwadi Sudhindra
690 EAST MIDDLEFIELD ROAD
MOUNTAIN VIEW, CA 94043 |
|
|
Senior VP, Finance & CAO |
|
Signatures
|
By: POA pursuant Christina Escalante-Dutra For:
Sudhindra Kankanwadi |
|
8/25/2020 |
**Signature of
Reporting Person |
Date |
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