0001214659-20-001590.txt : 20200218 0001214659-20-001590.hdr.sgml : 20200218 20200218190647 ACCESSION NUMBER: 0001214659-20-001590 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200213 FILED AS OF DATE: 20200218 DATE AS OF CHANGE: 20200218 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Emswiler Shane CENTRAL INDEX KEY: 0001422298 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-20853 FILM NUMBER: 20627025 MAIL ADDRESS: STREET 1: 225 WEST STATION SQUARE DRIVE, STE 200 CITY: PITTSBURGH STATE: PA ZIP: 15219 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 4 1 marketforms-47763.xml PRIMARY DOCUMENT X0306 4 2020-02-13 0001013462 ANSYS INC ANSS 0001422298 Emswiler Shane SOUTHPOINTE 2600 ANSYS DRIVE CANONSBURG PA 15317 false true false false VP and General Manager Common Stock 2020-02-13 4 M false 10399 0 A 36851 D Common Stock 2020-02-13 4 F false 4027 291.68 D 32824 D Common Stock 2020-02-13 4 A false 2644 0 A 35468 D Common Stock 2020-02-13 4 A false 2822 0 A 38366 D Common Stock 2020-02-14 4 S false 5792 291.44 D 32574 D Common Stock 2020-02-14 4 S false 580 291.86 D 31994 D Performance Restricted Stock Unit 0 2020-02-13 4 M false 8000 0 D Common Stock 8000 0 D Performance Restricted Stock Unit 0 2020-02-13 4 M false 2399 0 D Common Stock 2399 0 D 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. Shares withheld for payment of taxes in connection with the vesting and settlement of Performance Restricted Stock Units described in footnote 1 above. 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. 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. The trade was executed in a series of transactions with a price range of $290.82 to $291.78, inclusive, with a weighted average price of $291.44. The reporting person undertakes to provide to ANSYS, Inc., any security holder of ANSYS, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. Includes 26,131 Restricted Stock Units, as well as 76 shares acquired under the ANSYS Employee Stock Purchase Plan. 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. 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. 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). Janet Lee, Attorney-in-Fact 2020-02-18