Antonio J. Pietri - 30 May 2023 Form 4 Insider Report for Aspen Technology, Inc.

Role: President & CEO, Director
Signature: /s/Mark E. Mouritsen, attorney-in fact for Mr. Pietri
Issuer symbol: N/A
Transactions as of: 30 May 2023
Net transactions value: +$399,617
Form type: 4
Filing time: 01 Jun 2023, 16:11:18 UTC
Previous filing: 04 Apr 2023
Next filing: 05 Jul 2023
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	$99,968	+1,959	+1.2%	$51.03	164,476	30 May 2023	Direct
transaction	AZPN	Common Stock	Options Exercise	$99,954	+1,408	+0.86%	$70.99	165,884	30 May 2023	Direct
transaction	AZPN	Common Stock	Options Exercise	$99,829	+771	+0.46%	$129.48	166,655	30 May 2023	Direct
transaction	AZPN	Common Stock	Options Exercise	$99,866	+668	+0.4%	$149.50	167,323	30 May 2023	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	-1,959	-5.4%	$0.000000	34,325	30 May 2023	Common Stock	1,959	$51.03	Direct	F1
transaction	AZPN	Employee Stock Option (Right to Buy)	Options Exercise	$0	-1,408	-5.1%	$0.000000	26,074	30 May 2023	Common Stock	1,408	$70.99	Direct	F2
transaction	AZPN	Employee Stock Option (Right to Buy)	Options Exercise	$0	-771	-1.8%	$0.000000	42,137	30 May 2023	Common Stock	771	$129.48	Direct	F3
transaction	AZPN	Employee Stock Option (Right to Buy)	Options Exercise	$0	-668	-1.7%	$0.000000	39,209	30 May 2023	Common Stock	668	$149.50	Direct	F4

* 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 $51.03 vested in 16 equal consecutive quarterly installments on the last business day of the quarter, beginning with the quarter ended on September 30, 2016.
F2	The option granted at the exercise price of $70.99 vested in 16 equal consecutive quarterly installments on the last business day of the quarter, beginning with the quarter ended on September 29, 2017.
F3	The option granted at the exercise price of $129.48 vested in 16 equal consecutive quarterly installments on the last business day of the quarter, beginning with the quarter ending September 30, 2018.
F4	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.