David John Baker - 11 Mar 2025 Form 4 Insider Report for Aspen Technology, Inc.

Reporting relationship: SVP, Chief Financial Officer
Issuer ticker: N/A
Reported as of: 11 Mar 2025
Net transaction value: $0
SEC form: 4
Accepted by SEC: 13 Mar 2025, 16:28:49 UTC
Prior SEC filing: 06 Jan 2025
Source filing: View source filing
Reporting owner signature: /s/Christopher A. Cooper, attorney-in fact for Mr. Baker

Key filing fact

David John Baker filed Form 4 for Aspen Technology, Inc. on 13 Mar 2025.

Key facts

This page summarizes David John Baker's Form 4 filing for Aspen Technology, Inc..
2 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 13 Mar 2025, 16:28.

Change

Previous filing in this sequence was filed on 06 Jan 2025.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

AZPN transaction

Common Stock

Other

Transaction value
Shares: -2,942
Change %: -100%
Price
Shares after: 0
Date: 11 Mar 2025
Ownership: Direct
Footnotes: F1

AZPN transaction

Common Stock

Disposed to Issuer

Transaction value
Shares: -8,648
Change %: -100%
Price
Shares after: 0
Date: 12 Mar 2025
Ownership: Direct
Footnotes: F2, F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

David John Baker is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 3 footnotes

Footnote F1

This Form 4 reports securities disposed of pursuant to the terms of the Agreement and Plan of Merger (the "Merger Agreement"), dated as of January 26, 2025, among Aspen Technology, Inc. (the "Issuer"), Emerson Electric Co. ("Parent"), and Emersub CXV, Inc., a wholly owned subsidiary of Parent ("Purchaser"), pursuant to which Purchaser completed a cash tender offer for shares of common stock of the Issuer (each, a "Share") not already owned by Parent and thereafter merged with and into the Issuer, effective as of March 12, 2025 (the "Effective Time"). At the Effective Time, each issued and outstanding Share was cancelled and converted into the right to receive $265.00 in cash (the "Merger Consideration"), without interest and less any applicable tax withholding.

Footnote F2

Represents restricted stock units ("RSUs") granted to the Reporting Person. Each RSU represented a contingent right to receive one Share upon vesting of the RSU (a "Company RSU").

Footnote F3

Pursuant to the Merger Agreement, at the Effective Time, each Company RSU reported in this Form 4 was cancelled and converted into an award of RSUs with respect to shares of common stock of Parent (each, a "Parent RSU"). The number of Parent shares applicable to each Parent RSU is equal to (i) the number of Shares underlying each Company RSU multiplied by (ii) the Equity Award Exchange Ratio (as defined in the Merger Agreement), rounded down to the nearest whole number of Parent shares. Each Parent RSU is subject to the same terms and conditions, including vesting schedule, that applied to the corresponding Company RSU prior to the Effective Time.