SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
SMITH JOHN F

(Last) (First) (Middle)
SOUTHPOINTE
275 TECHNOLOGY DRIVE

(Street)
CANONSBURG PA 15317

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
ANSYS INC [ ANSS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
Officer (give title below) X Other (specify below)
Former Director
3. Date of Earliest Transaction (Month/Day/Year)
05/17/2011
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 05/17/2011 M 4,500 A $27.405 9,563(1) D
Common Stock 05/17/2011 S 4,500 D (2) 5,063(1) D
Common Stock 05/17/2011 M 4,500 A $29.97 9,563(1) D
Common Stock 05/17/2011 S 4,500 D (3) 5,063(1) D
Common Stock 05/17/2011 M 4,500 A $38.56 9,563(1) D
Common Stock 05/17/2011 S 4,500 D (4) 5,063(1) D
Common Stock 05/17/2011 M 4,500 A $38.75 9,563(1) D
Common Stock 05/17/2011 S 4,500 D (5) 5,063(1) D
Common Stock 05/17/2011 M 6,000 A $23.91 11,063(1) D
Common Stock 05/17/2011 S 6,000 D (6) 5,063(1) D
Common Stock 05/17/2011 M 6,000 A $25.625 11,063(1) D
Common Stock 05/17/2011 S 6,000 D (7) 5,063(1) D
Common Stock 05/17/2011 M 6,000 A $27.055 11,063(1) D
Common Stock 05/17/2011 S 6,000 D (8) 5,063(1) D
Common Stock 05/17/2011 M 1,000 A $26.95 6,063(1) D
Common Stock 05/17/2011 S 1,000 D (9) 5,063(1) D
Common Stock 05/17/2011 M 1,000 A $36.68 6,063(1) D
Common Stock 05/17/2011 S 1,000 D (10) 5,063(1) D
Common Stock 05/17/2011 M 1,000 A $40.89 6,063(1) D
Common Stock 05/17/2011 S 1,000 D (11) 5,063(1) D
Common Stock 05/17/2011 M 1,000 A $44.62 6,063(1) D
Common Stock 05/17/2011 S 1,000 D (12) 5,063(1) D
Common Stock 05/17/2011 M 21,000 A $9.4703 26,063(1) D
Common Stock 05/17/2011 S 21,000 D (13) 5,063(1) D
Common Stock 05/17/2011 M 24,000 A $16.285 29,063(1) D
Common Stock 05/17/2011 S 24,000 D (14) 5,063(1) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Option to Purchase $27.405 05/17/2011 M 4,500 (15) 05/15/2014 Common Stock 4,500 $0 0 D
Option to Purchase $29.97 05/17/2011 M 4,500 (16) 08/15/2014 Common Stock 4,500 $0 0 D
Option to Purchase $38.56 05/17/2011 M 4,500 (17) 02/27/2015 Common Stock 4,500 $0 0 D
Option to Purchase $38.75 05/17/2011 M 4,500 (18) 11/15/2014 Common Stock 4,500 $0 0 D
Option to Purchase $23.91 05/17/2011 M 6,000 (19) 06/30/2016 Common Stock 6,000 $0 0 D
Option to Purchase $25.625 05/17/2011 M 6,000 (20) 11/15/2013 Common Stock 6,000 $0 0 D
Option to Purchase $27.055 05/17/2011 M 6,000 (21) 02/26/2014 Common Stock 6,000 $0 0 D
Option to Purchase $26.95 05/17/2011 M 1,000 (22) 05/15/2016 Common Stock 1,000 $0 0 D
Option to Purchase $36.68 05/17/2011 M 1,000 (23) 08/14/2016 Common Stock 1,000 $0 0 D
Option to Purchase $40.89 05/17/2011 M 1,000 (24) 11/16/2016 Common Stock 1,000 $0 0 D
Option to Purchase $44.62 05/17/2011 M 1,000 (25) 03/02/2017 Common Stock 1,000 $0 0 D
Option to Purchase $9.4703 05/17/2011 M 21,000 (26) 05/13/2014 Common Stock 21,000 $0 0 D
Option to Purchase $16.285 05/17/2011 M 24,000 (27) 05/17/2015 Common Stock 24,000 $0 0 D
Explanation of Responses:
1. Includes 2,031 Deferred Stock Units.
2. The trade was executed in a series of transactions with a price range of $55.0525 to $55.36, inclusive, with a weighted average price of $55.120906. 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.
3. The trade was executed in a series of transactions with a price range of $55.02250 to $55.07, inclusive, with a weighted average price of $55.060278. 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.
4. The trade was executed in a series of transactions with a price range of $55.10 to $55.11, inclusive, with a weighted average price of $55.107476. 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. The trade was executed in a series of transactions with a price range of $55.09 to $55.10, inclusive, with a weighted average price of $55.090311. 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.
6. The trade was executed in a series of transactions with a price range of $55.0575 to $55.08, inclusive, with a weighted average price of $55.073042. 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.
7. The trade was executed in a series of transactions with a price range of $55.02 to $55.06750, inclusive, with a weighted average price of $55.030262. 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.
8. The trade was executed in a series of transactions with a price range of $55.00 to $55.0425, inclusive, with a weighted average price of $55.000708. 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.
9. The trade was executed in a series of transactions with a price range of $55.00250 to $55.01250, inclusive, with a weighted average price of $55.004. 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.
10. The trade was executed in a series of transactions with a price range of $55.065 to $55.08750, inclusive, with a weighted average price of $55.074750. 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.
11. The trade was executed in a series of transactions with a price range of $55.0075 to $55.01, inclusive, with a weighted average price of $55.009250. 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.
12. The trade was executed in a series of transactions with a price range of $55.015 to $55.0375, inclusive, with a weighted average price of $55.029. 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.
13. The trade was executed in a series of transactions with a price range of $55.1175 to $55.30, inclusive, with a weighted average price of $55.165. 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.
14. The trade was executed in a series of transactions with a price range of $55.31 to $55.3575, inclusive, with a weighted average price of $55.329469. 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.
15. The option grant of 6,000 shares granted on 05/15/2007 vests 25% annually in equal installments beginning on the first anniversary of the grant.
16. The option grant of 6,000 shares granted on 08/15/2007 vests 25% annually in equal installments beginning on the first anniversary of the grant.
17. The option grant of 6,000 shares granted on 02/27/2008 vests 25% annually in equal installments beginning on the first anniversary of the grant.
18. The option grant of 6,000 shares granted on 11/15/2007 vests 25% annually in equal installments beginning on the first anniversary of the grant.
19. The option grant of 6,000 shares granted on 06/30/2006 vests 25% annually in equal installments beginning on the first anniversary of the grant.
20. The option grant of 6,000 shares granted on 11/15/2006 vests 25% annually in equal installments beginning on the first anniversary of the grant.
21. The option grant of 6,000 shares granted on 02/26/2007 vests 25% annually in equal installments beginning on the first anniversary of the grant
22. The option grant of 4,000 shares granted on 05/15/2009 vests 25% annually in equal installments beginning on the first anniversary of the grant.
23. The option grant of 4,000 shares granted on 08/14/2009 vests 25% annually in equal installments beginning on the first anniversary of the grant.
24. The option grant of 4,000 shares granted on 11/16/2009 vests 25% annually in equal installments beginning on the first anniversary of the grant.
25. The option grant of 4,000 shares granted on 05/15/2009 vests 25% annually in equal installments beginning on the first anniversary of the grant.
26. The option grant of 48,000 shares granted on 05/13/2004 vests 25% annually in equal installments beginning on the first anniversary of the grant.
27. The option grant of 24,000 shares granted on 05/17/2005 vests 25% annually in equal installments beginning on the first anniversary of the grant.
Annette Arribas, Attorney-in-Fact 05/19/2011
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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