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

Role
Director
Signature
/s/Mark Mouritsen, attorney-in-fact for Mr. Whelan
Stock symbol
AZPN
Transactions as of
Jun 12, 2023
Transactions value $
-$398,685
Form type
4
Date filed
6/14/2023, 04:06 PM
Previous filing
Sep 6, 2022
Next filing
Oct 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AZPN Common Stock Options Exercise $114K +3.11K +53.32% $36.53* 8.95K Jun 12, 2023 Direct
transaction AZPN Common Stock Sale -$512K -3.11K -34.78% $164.56 5.84K Jun 12, 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 -3.11K -100% $0.00* 0 Jun 12, 2023 Common Stock 3.11K $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.