UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
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Date of Report (Date of earliest event reported): May 10, 2005
ANSYS, INC.
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(Exact name of registrant as specified in charter)
Delaware 0-20853 04-3219960
(State or Other Jurisdiction (Commission File (IRS Employer
of Incorporation) Number) Identification No.)
275 Technology Drive, Canonsburg, PA, 15317
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(Address of Principal Executive Offices) (Zip Code)
(724) 746-3304
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(Registrant's telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):
|_| Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
|_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17
CFR 240.14a-12)
|_| Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
|_| Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
Item 1.01 Entry into a Material Definitive Agreement
Under the ANSYS, Inc. (the "Company") Amended and Restated 1996 Stock Option and
Grant Plan (the "Plan"), each independent director who is serving as a director
of the Company on the fifth business day after each annual meeting of
stockholders is automatically granted on such day non-qualified stock options to
acquire 24,000 shares of the Company's common stock. Notwithstanding such
provision, on May 10, 2005, the Board of Directors of the Company determined
that, solely with respect to the option grant related to the 2005 annual meeting
of stockholders, each independent director would be granted options to purchase
12,000 shares of common stock in lieu of the options to purchase 24,000 shares
provided for in the Plan. No other terms of the Plan or any option grant were
altered.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
ANSYS, INC.
Date: May 13, 2005 By: /s/ Maria T. Shields
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Maria T. Shields - Chief Financial Officer,
VP of Finance and Administration (Ms.
Shields is the Principal Financial and
Accounting Officer and has been duly
authorized to sign on behalf of the
Registrant)