SYNOPSYS INC
For the period ended Apr 30, 2024. Filed May 24, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Apr 30, 2024 · Filed May 24, 2024
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Other Information
| Item 5. | Other Information |
|---|
Insider Adoption or Termination of Trading Arrangements
None of our directors or officers adopted orterminated a Rule 10b5-1 trading arrangement or a non-Rule 10b5-1 trading arrangement (as defined in Item 408(c) of Regulation S-K) during the quarterly period covered by this report except as described in the table below:
| Name and Title | Action | Date Adopted | Character of Trading Arrangement(1) | Aggregate Number of Shares of Common Stock to be Purchased or Sold Pursuant to Trading Arrangement | Expiration Date(2) |
|---|---|---|---|---|---|
| Dr. Aart de Geus | Adoption | 3/25/2024 | Rule 10b5-1 Trading Arrangement | Up to 104,646 shares to be sold | 4/18/2025 |
| Executive Chair of the Board of Directors | |||||
(1)Except as indicated by footnote, each trading arrangement marked as a “Rule 10b5-1 Trading Arrangement” is intended to satisfy the affirmative defense of Rule 10b5-1(c), as amended (the Rule).
(2)Except as indicated by footnote, each trading arrangement permitted or permits transactions through and including the earlier to occur of (a) the completion of sales or (b) the date listed in the table. Each trading arrangement marked as a “Rule 10b5-1 Trading Arrangement” only permitted or only permits transactions upon expiration of the applicable mandatory cooling-off period under the Rule. Each trading arrangement is scheduled to terminate on the earlier of the expiration date or when all shares are sold under the plan, subject to early termination for certain specified events set forth therein.
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