Arlen Shenkman - May 23, 2022 Form 4 Insider Report for Aspen Technology, Inc. (AZPN)

Role: Director
Signature: /s/F.G. Hammond, attorney-in-fact for Mr. Shenkman
Stock symbol: AZPN
Transactions as of: May 23, 2022
Transactions value $: $0
Form type: 4
Date filed: 5/25/2022, 04:29 PM
Previous filing: May 17, 2022
Next filing: Aug 24, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AZPN	Common Stock	Award	$0	+670		$0.00	670	May 23, 2022	Direct	F1, F2

* 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. Subject to rounding to whole shares, one-third of the Restricted Stock Units will vest on the first anniversary of the grant date and the remainder will vest in eight equal consecutive quarterly installments beginning on the last business day of the quarter of the first anniversary.
F2	The Restricted Stock Units were received as a grant for no consideration.

Content

Each Restricted Stock Unit represents a contingent right to receive one share of Aspen Technology, Inc. common stock. Subject to rounding to whole shares, one-third of the Restricted Stock Units will vest on the first anniversary of the grant date and the remainder will vest in eight equal consecutive quarterly installments beginning on the last business day of the quarter of the first anniversary.

The Restricted Stock Units were received as a grant for no consideration.