Filing Details

Accession Number:
0001214659-18-001389
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-02-20 16:30:21
Reporting Period:
2018-02-15
Accepted Time:
2018-02-20 16:30:21
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1013462 Ansys Inc ANSS Services-Prepackaged Software (7372) 043219960
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1693085 S. Richard Mahoney 2600 Ansys Dr.
Canonsburg PA 15317
Vp, Worldwide Sales & Support No No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2018-02-15 2,852 $0.00 18,052 No 4 M Direct
Common Stock Disposition 2018-02-15 813 $162.41 17,239 No 4 F Direct
Common Stock Disposition 2018-02-16 2,039 $162.01 15,200 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 F Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Performance Restricted Stock Unit Disposition 2018-02-15 2,852 $0.00 2,852 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
9,274 No 4 M Direct
Footnotes
  1. Awarded under the Issuer's Fifth Amended and Restated 1996 Stock and Option Grant Plan. Shares earned upon vesting and settlement of 50% of the earned Performance Restricted Stock Units for the annual period ending December 31, 2017, upon certification of performance results by the Compensation Committee of 200% of target for the annual period ended December 31, 2017. The remaining 50% of the earned Performance Restricted Stock Units for such annual period ending December 31, 2017 shall vest, if at all, on December 31, 2019, and upon certification of performance results by the Compensation Committee.
  2. Shares withheld for payment of taxes in connection with the vesting and settlement of Performance Restricted Stock Units described in footnote 1 above.
  3. Pursuant to a 10b5-1 plan currently in place.
  4. The sales were executed in a series of transactions with a price range of $162.00 to $162.11, inclusive, with a weighted average price of $162.01. The reporting person undertakes to provide to ANSYS, Inc., any security holder of ANSYS, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
  5. Includes 15,200 Restricted Stock Units.
  6. Awarded under the Issuer's Fifth Amended and Restated 1996 Stock and Option Grant Plan. Performance Restricted Stock Units awarded March 5, 2017 represented a contingent right to receive shares of ANSYS Common Stock upon vesting and settlement of Performance Share Units and certification of performance results by the Compensation Committee. See footnote 1 for additional information.
  7. Under terms of award, assuming certain target levels are achieved, an additional 9,274 Performance Restricted Stock Units may be earned upon certification of performance results for the remaining award periods. See footnote 1 for additional information.