0001199719-18-000091.txt : 20181214 0001199719-18-000091.hdr.sgml : 20181214 20181214160019 ACCESSION NUMBER: 0001199719-18-000091 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20181212 FILED AS OF DATE: 20181214 DATE AS OF CHANGE: 20181214 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: 181235575 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 2018-12-12 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 2018-12-12 4 M 0 2763 0.0 A 77499 D Common Stock 2018-12-12 4 F 0 1370 89.76 D 76129 D Non-Qualified Stock Option (right to buy) 89.76 2018-12-12 4 A 0 47032 0.0 A 2019-12-12 2025-12-12 Common Stock 47032 47032 D Restricted Stock Units 0.0 2018-12-12 4 A 0 11049 0.0 A 2018-12-12 2021-12-08 Common Stock 11049 11049 D Restricted Stock Units 0.0 2018-12-12 4 D 0 2763 0.0 D 2018-12-12 2021-12-08 Common Stock 2763 8286 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 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 12/08/17 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 11/03/18. 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 2018-12-14