Company: SNPS
Filing Date: 2025-02-14
Form Type: DEF 14A
Source: 0000883241-25-000008
Chunk: 85

Company: SYNOPSYS INC
Filing Date: 2025-02-14
Form: DEF 14A
Chunk 85
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 should own certain levels of stock to align their interests with those of our stockholders, and to promote accountability and mitigate excessive risk taking in long-term decision making. Under our current share ownership guidelines, each of our continuing NEOs should hold the value of shares set forth below; provided, however, that if the value of any NEO’s shares drops below the applicable Minimum Value set forth below, such NEO will be required to hold the number of shares equal to the Minimum Value.

| NEO                    |     |        | SHARE NUMBER (#) |     |           | MINIMUM VALUE ($) |
| Sassine Ghazi(1)       |     | 25,000 |                  |     | 4,400,000 |                   |
| Dr. Aart J. de Geus(1) |     | 12,500 |                  |     | 2,200,000 |                   |
| Shelagh Glaser         |     |  6,500 |                  |     | 1,100,000 |                   |
| Rick Mahoney           |     |  6,500 |                  |     | 1,100,000 |                   |
| John F. Runkel, Jr.    |     |  6,500 |                  |     | 1,100,000 |                   |

(1) In connection with Dr. de Geus transitioning into the role of Executive Chair and Mr. Ghazi being appointed Chief Executive Officer, both effective January 1, 2024, Dr. de Geus’ required number of shares and Minimum Value were reduced from 25,000 and $4.4 million, respectively, to the amounts set forth in the table above, and Mr. Ghazi’s required number of shares and Minimum Value were increased from 12,500 and $2.2 million, respectively, to the amounts set forth in the table above.

Insider Trading Policy

We have an insider trading policy(the Insider Trading Policy) that governs the purchase, sale and other transactions of our securities by directors, officers and employees, as well as consultants, independent contractors or designated agents, and their respective family members and controlled entities. The Insider Trading Policy is designed to promote compliance with insider trading laws, rules and regulations, and the Nasdaq Listing Standards. As described in more detail below, our Insider Trading Policy prohibits persons covered by the policy from engaging in certain speculative transactions or transactions designed to offset decreases in the market value of our securities, including short sales, publicly-traded options