Jr. Robert M. Whelan - 11 May 2022 Form 4 Insider Report for ASPEN TECHNOLOGY INC /DE/ (AZPN)

Role
Director
Signature
/s/ F.G. Hammond, attorney-in-fact for Mr. Whelan
Issuer symbol
AZPN
Transactions as of
11 May 2022
Net transactions value
-$544,137
Form type
4
Filing time
13 May 2022, 16:51:01 UTC
Previous filing
03 Sep 2021
Next filing
18 May 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AZPN Common Stock Options Exercise $93,754 +4,010 +31% $23.38* 16,875 11 May 2022 Direct
transaction AZPN Common Stock Sale $637,891 -4,010 -24% $159.08* 12,865 11 May 2022 Direct
transaction AZPN Common Stock Award $0 +826 +6.4% $0.000000 13,691 12 May 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) Options Exercise $0 -4,010 -100% $0.000000* 0 11 May 2022 Common Stock 4,010 $23.38 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 were fully vested on the date of grant.
F2 The Restricted Stock Units were received as a grant for no consideration.
F3 The option granted at the exercise price of $130.51 was fully vested on the date of grant.