0001199719-17-000090.txt : 20171212
0001199719-17-000090.hdr.sgml : 20171212
20171212162704
ACCESSION NUMBER: 0001199719-17-000090
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20171208
FILED AS OF DATE: 20171212
DATE AS OF CHANGE: 20171212
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Logan Joseph W
CENTRAL INDEX KEY: 0001373606
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-19807
FILM NUMBER: 171252089
BUSINESS ADDRESS:
BUSINESS PHONE: (650) 584-4754
MAIL ADDRESS:
STREET 1: 700 EAST MIDDLEFIELD ROAD
CITY: MOUNTAIN VIEW
STATE: CA
ZIP: 94043
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: SYNOPSYS INC
CENTRAL INDEX KEY: 0000883241
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372]
IRS NUMBER: 561546236
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1031
BUSINESS ADDRESS:
STREET 1: 690 E MIDDLEFIELD RD
CITY: MOUNTAIN VIEW
STATE: CA
ZIP: 94043
BUSINESS PHONE: 6505845000
MAIL ADDRESS:
STREET 1: 690 E MIDDLEFIELD RD
CITY: MOUNTAIN VIEW
STATE: CA
ZIP: 94043
4
1
edgardoc.xml
PRIMARY DOCUMENT
X0306
4
2017-12-08
0
0000883241
SYNOPSYS INC
SNPS
0001373606
Logan Joseph W
690 EAST MIDDLEFIELD ROAD
MOUNTAIN VIEW
CA
94043
0
1
0
0
EVP, Sales & Corp Marketing
Common Stock
2017-12-08
4
M
0
3625
0.0
A
62418
D
Common Stock
2017-12-08
4
M
0
4124
0.0
A
66542
D
Common Stock
2017-12-08
4
M
0
4560
0.0
A
71102
D
Common Stock
2017-12-08
4
M
0
4142
0.0
A
75244
D
Common Stock
2017-12-08
4
F
0
1363
90.51
D
73881
D
Common Stock
2017-12-08
4
F
0
1550
90.51
D
72331
D
Common Stock
2017-12-08
4
F
0
1898
90.51
D
70433
D
Common Stock
2017-12-08
4
F
0
2162
90.51
D
68271
D
Non-Qualified Stock Option (right to buy)
90.51
2017-12-08
4
A
0
53706
0.0
A
2018-12-08
2024-12-08
Common Stock
53706
53706
D
Restricted Stock Units
0.0
2017-12-08
4
D
0
3625
0.0
D
2017-12-08
2017-12-08
Common Stock
3625
0
D
Restricted Stock Units
0.0
2017-12-08
4
D
0
4124
0.0
D
2017-12-08
2018-12-08
Common Stock
4124
4124
D
Restricted Stock Units
0.0
2017-12-08
4
D
0
4560
0.0
D
2017-12-08
2019-12-08
Common Stock
4560
9120
D
Restricted Stock Units
0.0
2017-12-08
4
A
0
16565
0.0
A
2017-12-08
2020-12-08
Common Stock
16565
16565
D
Restricted Stock Units
0.0
2017-12-08
4
D
0
4142
0.0
D
2017-12-08
2020-12-08
Common Stock
4142
12423
D
These shares were retained by the Company in order to meet the tax withholding obligations of the award holder in connection with the vesting of an installment of the restricted stock unit award. The Compensation Committee approved the disposition of shares by the award holder and the amount retained by the Company was not in excess of the amount of the tax liability.
These shares were retained by the Company in order to meet the tax withholding obligations of the award holder in connection with the vesting of an installment of the performance restricted stock unit award. The Compensation Committee approved the disposition of shares by the award holder and the amount retained by the Company was not in excess of the amount of the tax liability.
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 $1,000,000, 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.
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.
On 12/15/16 the Compensation Committee of the Board of Directors approved a Restricted Stock Unit grant value of $1,000,000, with the number of granted Restricted Stock Units to be determined by dividing that amount by the closing price of Synopsys common stock on the grant date. The vesting of such Restricted Stock Units was based on satisfaction of certain performance criteria for the fiscal year ending 10/28/17. The performance criteria were met.
25% of the units vest on the date shown followed by three equal annual installments.
By: POA pursuant Christina Escalante-Dutra For: Joseph W. Logan
2017-12-12