F. G. Hammond - Sep 1, 2022 Form 4 Insider Report for Aspen Technology, Inc. (AZPN)

Role
Senior VP & General Counsel
Signature
/s/ F. G. Hammond
Stock symbol
AZPN
Transactions as of
Sep 1, 2022
Transactions value $
-$666,056
Form type
4
Date filed
9/6/2022, 04:33 PM
Previous filing
Jul 5, 2022
Next filing
Sep 9, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AZPN Common Stock Options Exercise $417K +3.22K +13.45% $129.48 27.1K Sep 1, 2022 Direct F1
transaction AZPN Common Stock Sale -$69.9K -343 -1.26% $203.92 26.8K Sep 1, 2022 Direct F2
transaction AZPN Common Stock Sale -$392K -1.91K -7.12% $205.60 24.9K Sep 1, 2022 Direct F3
transaction AZPN Common Stock Sale -$126K -610 -2.45% $206.56 24.3K Sep 1, 2022 Direct F4
transaction AZPN Common Stock Sale -$404K -1.95K -8.02% $207.79 22.3K Sep 1, 2022 Direct F5
transaction AZPN Common Stock Sale -$14K -67 -0.3% $208.37 22.3K Sep 1, 2022 Direct F6
transaction AZPN Common Stock Options Exercise $52.7K +407 +1.83% $129.48 22.7K Sep 2, 2022 Direct F1
transaction AZPN Common Stock Sale -$129K -611 -2.7% $210.58 22.1K Sep 2, 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 -3.22K -50.01% $0.00 3.22K Sep 1, 2022 Common Stock 3.22K $129.48 Direct F8
transaction AZPN Employee Stock Option (Right to Buy) Options Exercise $0 -407 -12.65% $0.00 2.81K Sep 2, 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.