Antonio J. Pietri - Nov 21, 2022 Form 4 Insider Report for Aspen Technology, Inc. (AZPN)

Signature
/s/ F.G. Hammond, attorney-in-fact for Mr. Pietri
Stock symbol
AZPN
Transactions as of
Nov 21, 2022
Transactions value $
-$22,380,172
Form type
4
Date filed
11/23/2022, 03:17 PM
Previous filing
Oct 4, 2022
Next filing
Nov 30, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AZPN Common Stock Options Exercise $2.49M +49.9K +29.32% $49.81 220K Nov 21, 2022 Direct
transaction AZPN Common Stock Options Exercise $2.07M +40.5K +18.39% $51.03 261K Nov 21, 2022 Direct
transaction AZPN Common Stock Options Exercise $2.51M +35.4K +13.58% $70.99 296K Nov 21, 2022 Direct
transaction AZPN Common Stock Sale -$14.7M -63.8K -21.54% $231.11 232K Nov 21, 2022 Direct F1
transaction AZPN Common Stock Sale -$1.88M -8.08K -3.48% $232.67 224K Nov 21, 2022 Direct F2
transaction AZPN Common Stock Sale -$1.21M -5.19K -2.31% $233.29 219K Nov 21, 2022 Direct F3
transaction AZPN Common Stock Sale -$305K -1.3K -0.59% $234.39 218K Nov 21, 2022 Direct F4
transaction AZPN Common Stock Sale -$1.67M -7.07K -3.25% $235.69 211K Nov 21, 2022 Direct F5
transaction AZPN Common Stock Sale -$3.14M -13.3K -6.31% $236.60 197K Nov 21, 2022 Direct F6
transaction AZPN Common Stock Sale -$2.2M -9.26K -4.69% $237.61 188K Nov 21, 2022 Direct F7
transaction AZPN Common Stock Sale -$993K -4.16K -2.21% $238.81 184K Nov 21, 2022 Direct F8
transaction AZPN Common Stock Sale -$992K -4.13K -2.25% $239.91 180K Nov 21, 2022 Direct F9
transaction AZPN Common Stock Sale -$785K -3.26K -1.81% $240.81 177K Nov 21, 2022 Direct F10
transaction AZPN Common Stock Sale -$583K -2.4K -1.36% $242.81 174K Nov 21, 2022 Direct F11
transaction AZPN Common Stock Sale -$245K -1.01K -0.58% $242.85 173K Nov 21, 2022 Direct F12
transaction AZPN Common Stock Sale -$708K -2.91K -1.68% $243.87 170K Nov 21, 2022 Direct F13

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 -49.9K -79.55% $0.00 12.8K Nov 21, 2022 Common Stock 49.9K $49.81 Direct F14
transaction AZPN Employee Stock Option (Right to Buy) Options Exercise $0 -40.5K -52.73% $0.00 36.3K Nov 21, 2022 Common Stock 40.5K $51.03 Direct F15
transaction AZPN Employee Stock Option (Right to Buy) Options Exercise $0 -35.4K -56.3% $0.00 27.5K Nov 21, 2022 Common Stock 35.4K $70.99 Direct F16
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $231.00 to $232.00, 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 ranges set forth in footnotes (1) through (13) to this Form 4.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $232.01 to $233.01, inclusive.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $233.02 to $234.01, inclusive.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $234.09 to $234.71, inclusive.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $235.155 to $236.13, inclusive.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $236.16 to $237.11, inclusive.
F7 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $237.165 to $238.15, inclusive.
F8 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $238.35 to $239.34, inclusive.
F9 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $239.39 to $240.39, inclusive.
F10 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $240.42 to $241.21, inclusive.
F11 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $241.43 to $242.43, inclusive.
F12 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $242.44 to $243.44, inclusive.
F13 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $243.46 to $244.22, inclusive.
F14 The option granted at the exercise price of $49.81 vested in 16 equal consecutive quarterly installments on the last business day of the quarter, beginning on September 30, 2015.
F15 The option granted at the exercise price of $51.03 vested in 16 equal consecutive quarterly installments on the last business day of the quarter, beginning on September 30, 2016.
F16 The option granted at the exercise price of $70.99 vests in 16 equal consecutive quarterly installments on the last business day of the quarter, beginning on December 31, 2020.