F. G. Hammond - Sep 1, 2021 Form 4 Insider Report for ASPEN TECHNOLOGY INC /DE/ (AZPN)

Role
Senior VP & General Counsel
Signature
/s/ F. G. Hammond
Stock symbol
AZPN
Transactions as of
Sep 1, 2021
Transactions value $
$1,163,817
Form type
4
Date filed
9/3/2021, 04:34 PM
Previous filing
Aug 10, 2021
Next filing
Oct 4, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AZPN Common Stock Award $0 +7.82K +41.09% $0.00 26.8K Sep 1, 2021 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AZPN Common Stock Option (Right to Buy) Award $1.16M +8.99K $129.50 8.99K Sep 1, 2021 Common Stock 8.99K $129.50 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit represents a contingent right to receive one share of Aspen Technology, Inc. common stock. The Restricted Stock Units vest in 16 equal consecutive quarterly installments on the last business day of the quarter beginning with the quarter ending September 30, 2021.
F2 The Restricted Stock Units were received as a grant for no consideration.
F3 The option granted at the exercise price of $129.50 vests in 16 equal consecutive quarterly installments on the last business day of the quarter, beginning with the quarter ending September 30, 2021.