Jr. Robert M. Whelan - 12 Jun 2023 Form 4 Insider Report for Aspen Technology, Inc.

Role
Director
Signature
/s/Mark Mouritsen, attorney-in-fact for Mr. Whelan
Issuer symbol
N/A
Transactions as of
12 Jun 2023
Net transactions value
-$398,685
Form type
4
Filing time
14 Jun 2023, 16:06:41 UTC
Previous filing
06 Sep 2022
Next filing
03 Oct 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 $113,754 +3,114 +53% $36.53* 8,954 12 Jun 2023 Direct
transaction AZPN Common Stock Sale $512,440 -3,114 -35% $164.56 5,840 12 Jun 2023 Direct F1

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 Director Stock Option (Right to Buy) Options Exercise $0 -3,114 -100% $0.000000* 0 12 Jun 2023 Common Stock 3,114 $36.53 Direct F2
* 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 $164.40 to $164.60, 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.
F2 The option granted at the exercise price of $36.53 was fully vested on the date of grant.