F. G. Hammond - 07 Nov 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: 07 Nov 2022
Net transactions value: -$628,486
Form type: 4
Filing time: 09 Nov 2022, 15:03:13 UTC
Previous filing: 04 Oct 2022
Next filing: 25 Nov 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	$779,344	+5,213	+26%	$149.50	25,190	07 Nov 2022	Direct
transaction	AZPN	Common Stock	Sale	$1,407,830	-6,121	-24%	$230.00	19,069	07 Nov 2022	Direct

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	-5,213	-81%	$0.000000	1,218	07 Nov 2022	Common Stock	5,213	$149.50	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The option granted at the exercise price of $149.50 vests in 16 equal consecutive quarterly installments on the last business day of the quarter, beginning with the quarter ending September 30, 2019.