Manish Chawla - Apr 18, 2022 Form 4 Insider Report for ASPEN TECHNOLOGY INC /DE/ (AZPN)

Role
Chief Revenue Officer
Signature
/s/F.G. Hammond, attorney-in-fact for Mr. Chawla
Stock symbol
AZPN
Transactions as of
Apr 18, 2022
Transactions value $
$1,724,282
Form type
4
Date filed
4/20/2022, 04:31 PM
Next filing
May 18, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AZPN Common Stock Award $0 +9.26K $0.00 9.26K Apr 18, 2022 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 $1.72M +10.6K $161.95* 10.6K Apr 18, 2022 Common Stock 10.6K $161.95 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 installments on the last business of the quarter beginning with the quarter ending September 30, 2022.
F2 The Restricted Stock Units were received as a grant for no consideration.
F3 The option granted at the exercise price of $161.95 vests in 16 equal consecutive quarterly installments on the last business day of the quarter beginning with the quarter ending September 30, 2022.