F. G. Hammond - Nov 30, 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: Nov 30, 2022
Transactions value $: -$195,608
Form type: 4
Date filed: 12/1/2022, 04:00 PM
Previous filing: Nov 25, 2022
Next filing: Jan 4, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AZPN	Common Stock	Options Exercise	$363K	+2.5K	+12.38%	$145.35	22.6K	Nov 30, 2022	Direct
transaction	AZPN	Common Stock	Sale	-$558K	-2.5K	-11.02%	$223.75	20.2K	Nov 30, 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	-2.5K	-31.16%	$0.00	5.51K	Nov 30, 2022	Common Stock	2.5K	$145.35	Direct	F1

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

Explanation of Responses:

Id	Content
F1	Subject to rounding, the option granted at the exercise price of $145.35 vests in 16 equal consecutive quarterly installments on the last business day of the quarter beginning with the quarter ending September 30, 2021.