[Form 4] SYNOPSYS INC Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CHAFFIN JANICE reported acquisition or exercise transactions in this Form 4 filing.
Synopsys Inc. director Janice Chaffin received a stock award of 453 shares of common stock. The grant was made at a price of $0.00 per share as a compensation award rather than a market purchase. After this award, she directly holds 15,622 Synopsys shares.
The footnotes explain that the shares subject to this award will vest on the date immediately preceding the first Annual Meeting following the grant date, provided she continues to serve on the Board through that time. The award was granted automatically under Synopsys’ Amended and Restated Equity Incentive Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
CHAFFIN JANICE
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 453 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 15,622 shares (Direct)
Footnotes (1)
- The shares subject to the Award will vest on the date immediately preceding the first Annual Meeting following the Date of Grant, subject to the Eligible Director's continued Board service through such date. Automatic award under the Amended and Restated Equity Incentive Plan.
FAQ
What did Synopsys (SNPS) director Janice Chaffin report in this Form 4?
She reported receiving an automatic stock award of 453 shares of Synopsys common stock. The grant was compensation, at $0.00 per share, and increased her direct holdings to 15,622 shares after the transaction.
Is the Janice Chaffin Synopsys (SNPS) stock award immediately vested?
No, the stock award is not immediately vested. The 453 shares will vest on the date immediately preceding the first Annual Meeting following the grant date, assuming she continues to serve on the Board until that time.
Under which plan was the Synopsys (SNPS) stock award to Janice Chaffin granted?
The award was granted automatically under Synopsys’ Amended and Restated Equity Incentive Plan. This plan governs equity-based compensation for eligible participants, including automatic awards to eligible directors like Janice Chaffin.
What condition must be met for Janice Chaffin’s Synopsys (SNPS) award to vest?
The shares will vest on the date immediately preceding the first Annual Meeting following the grant date. Vesting is conditioned on her continued Board service through that date, as described in the footnotes.