0001199719-20-000135.txt : 20201214 0001199719-20-000135.hdr.sgml : 20201214 20201214161031 ACCESSION NUMBER: 0001199719-20-000135 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20201210 FILED AS OF DATE: 20201214 DATE AS OF CHANGE: 20201214 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: 201386259 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 2020-12-10 0 0000883241 SYNOPSYS INC SNPS 0001373606 Logan Joseph W 690 EAST MIDDLEFIELD ROAD MOUNTAIN VIEW CA 94043 0 1 0 0 Sales & Corp Mktg Officer Common Stock 2020-12-10 4 A 0 3706 0.0 A 93101 D Common Stock 2020-12-10 4 F 0 1838 234.17 D 91263 D Common Stock 2020-12-10 4 M 0 2300 0.0 A 93563 D Common Stock 2020-12-10 4 F 0 1141 234.17 D 92422 D Non-Qualified Stock Option (right to buy) 234.17 2020-12-10 4 A 0 14494 0.0 A 2021-12-10 2027-12-10 Common Stock 14494 14494 D Restricted Stock Units 0.0 2020-12-10 4 A 0 9200 0.0 A 2020-12-10 2023-12-08 Common Stock 9200 9200 D Restricted Stock Units 0.0 2020-12-10 4 D 0 2300 0.0 D 2020-12-10 2023-12-08 Common Stock 2300 6900 D Restricted Stock Units 0.0 2020-12-10 4 A 0 3737 0.0 A 2021-12-08 2024-12-08 Common Stock 3737 3737 D Represents one tranche of a performance-based restricted stock award granted on October 18, 2019 for which a non-GAAP operating margin goal for the fiscal year ended October 31, 2020 was determined by the Compensation Committee to have been achieved on December 10, 2020. All of the stock units subject to this tranche vested on December 10, 2020. These shares were retained by the Company in order to meet the tax withholding obligations of the reporting person in connection with the vesting of an installment of the performance-based restricted stock unit award. The Compensation Committee approved the disposition of shares by the reporting person 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. 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, subject to continued service through each vesting date. Represents a performance-based restricted stock unit award granted on December 12, 2019 for which a non-GAAP net income goal for the fiscal year ended October 31, 2020 was determined by the Compensation Committee to have been achieved on December 10, 2020 and are reflected in Table 1, and the remaining 75% will vest in three equal annual installments beginning on December 8, 2021, subject to continue service through each vesting date. 25% of the units vest on the date shown followed by three equal annual installments. The Compensation Committee of the Board of Directors approved a restricted stock unit grant under the Synopsys, Inc. 2006 Employee Equity Incentive Plan. By: POA pursuant Christina Escalante-Dutra For: Joseph W. Logan 2020-12-14