0001214659-17-001731.txt : 20170307
0001214659-17-001731.hdr.sgml : 20170307
20170307172831
ACCESSION NUMBER: 0001214659-17-001731
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170305
FILED AS OF DATE: 20170307
DATE AS OF CHANGE: 20170307
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: ANSYS INC
CENTRAL INDEX KEY: 0001013462
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372]
IRS NUMBER: 043219960
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 2600 ANSYS DRIVE, SOUTHPOINTE
CITY: CANONSBURG
STATE: PA
ZIP: 15317
BUSINESS PHONE: 8444626797
MAIL ADDRESS:
STREET 1: 2600 ANSYS DRIVE, SOUTHPOINTE
CITY: CANONSBURG
STATE: PA
ZIP: 15317
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: ESQUIVEL FERNANDO
CENTRAL INDEX KEY: 0001675653
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-20853
FILM NUMBER: 17673072
MAIL ADDRESS:
STREET 1: 2600 ANSYS DRIVE
CITY: CANONSBURG
STATE: PA
ZIP: 15317
4
1
marketforms-38263.xml
PRIMARY DOCUMENT
X0306
4
2017-03-05
0001013462
ANSYS INC
ANSS
0001675653
ESQUIVEL FERNANDO
2600 ANSYS DRIVE
CANONSBURG
PA
15317
false
true
false
false
VP - HUMAN RESOURCES
Common Stock
2017-03-05
4
M
false
8000
0
A
12035
D
Common Stock
2017-03-05
4
M
false
1881
0
A
13916
D
Performance Restricted Stock Unit
0
2017-03-05
4
A
false
6400
0
A
Common Stock
6400
6400
D
Performance Restricted Stock Unit
0
2017-03-05
4
A
false
1600
0
A
Common Stock
1600
8000
D
Represents Restricted Stock Units ("RSUs") issued under the Fifth Amended and Restated ANSYS, Inc. 1996 Stock Option and Grant Plan. The grant of 8,000 RSUs shall vest 25% annually in equal installments beginning on the first anniversary of the grant date. Each RSU is settled solely for one share of Common Stock.
Represents restricted stock units ("Restricted Stock Units") issued under the Issuer's Fifth Amended and Restated 1996 Stock Option and Grant Plan. The Restricted Stock Units vest 20%, 30% and 50% respectively beginning on the first anniversary of the grant date. Each RSU is settled solely for one share of Common Stock.
Includes 12,000 Restricted Stock Units.
Includes 13,881 Restricted Stock Units.
Each Performance Restricted Stock Unit ("Performance RSU") represents a contingent right to receive, pursuant to the Issuer's Fifth Amended and Restated 1996 Stock Option and Grant Plan, a distribution of the Issuer's common stock equal to 0% to 200% 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, 2017, December 31, 2018 and December 31, 2019, during a three-year cumulative performance cycle. One third of the target award is allocated to each year of the three-year performance cycle.
Following the determination of the number of Performance RSUs earned for the period ending December 31, 2017 and separately for the period ending December 31, 2018, which will be made at the first meeting of the Issuer's compensation committee following December 31, 2017 and December 31, 2018, respectively, if 100% or more of the Performance RSUs are earned, then 50% of the earned Performance RSUs for such period will vest and settle on such date, with the remaining 50% of the earned Performance RSUs for such period vesting on December 31, 2019, and otherwise, all earned Performance RSUs for such period will vest on December 31, 2019, in all cases, provided that the reporting person remains employed by the Issuer on the applicable vesting date.
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 in the NASDAQ Composite Index, during a three-year cumulative performance cycle (January 1, 2017 to December 31, 2019). All earned Performance RSUs will vest and settle on December 31, 2019, provided the reporting person remains employed by the Issuer on such date.
Sheila S. DiNardo Attorney-in-Fact
2017-03-07