F. G. Hammond - 01 Sep 2022 Form 4 Insider Report for Aspen Technology, Inc.

Role
Senior VP & General Counsel
Signature
/s/ F. G. Hammond
Issuer symbol
N/A
Transactions as of
01 Sep 2022
Net transactions value
-$666,056
Form type
4
Filing time
06 Sep 2022, 16:33:33 UTC
Previous filing
05 Jul 2022
Next filing
09 Sep 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 $416,667 +3,218 +13% $129.48 27,137 01 Sep 2022 Direct F1
transaction AZPN Common Stock Sale $69,945 -343 -1.3% $203.92 26,794 01 Sep 2022 Direct F2
transaction AZPN Common Stock Sale $392,490 -1,909 -7.1% $205.60 24,885 01 Sep 2022 Direct F3
transaction AZPN Common Stock Sale $126,002 -610 -2.5% $206.56 24,275 01 Sep 2022 Direct F4
transaction AZPN Common Stock Sale $404,359 -1,946 -8% $207.79 22,329 01 Sep 2022 Direct F5
transaction AZPN Common Stock Sale $13,961 -67 -0.3% $208.37 22,262 01 Sep 2022 Direct F6
transaction AZPN Common Stock Options Exercise $52,698 +407 +1.8% $129.48 22,669 02 Sep 2022 Direct F1
transaction AZPN Common Stock Sale $128,664 -611 -2.7% $210.58 22,058 02 Sep 2022 Direct F7

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 Employee Stock Option (Right to Buy) Options Exercise $0 -3,218 -50% $0.000000 3,217 01 Sep 2022 Common Stock 3,218 $129.48 Direct F8
transaction AZPN Employee Stock Option (Right to Buy) Options Exercise $0 -407 -13% $0.000000 2,810 02 Sep 2022 Common Stock 407 $129.48 Direct F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The options exercised and sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 3, 2022.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $203.70 to $204.48, inclusive. The reporting person undertakes to provide to Aspen Technology, Inc., any security holder of Aspen Technology, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the applicable range set forth in this footnote.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $205.54 to $206.08, inclusive. The reporting person undertakes to provide to Aspen Technology, Inc., any security holder of Aspen Technology, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the applicable range set forth in this footnote.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $206.30 to $207.30, inclusive. The reporting person undertakes to provide to Aspen Technology, Inc., any security holder of Aspen Technology, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the applicable range set forth in this footnote.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $207.31 to $208.31, inclusive. The reporting person undertakes to provide to Aspen Technology, Inc., any security holder of Aspen Technology, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the applicable range set forth in this footnote.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $208.36 to $208.49, inclusive. The reporting person undertakes to provide to Aspen Technology, Inc., any security holder of Aspen Technology, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the applicable range set forth in this footnote.
F7 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $210.00 to $210.99, inclusive. The reporting person undertakes to provide to Aspen Technology, Inc., any security holder of Aspen Technology, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the applicable range set forth in this footnote.
F8 The option granted at the exercise price of $129.48 vests, subject to rounding, in 16 equal consecutive quarterly installments on the last business day of the quarter, beginning with the quarter ending September 30, 2018.