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